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FIDEA Holdings Announces Debt Waiver for Suzukawa Energy Center

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FIDEA Holdings Announces Debt Waiver for Suzukawa Energy Center

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An announcement from Fidea Holdings Co.Ltd. ( (JP:8713) ) is now available.

FIDEA Holdings Co. Ltd., through its subsidiaries Shonai Bank Ltd. and Hokuto Bank Ltd., has decided to waive debts owed by Suzukawa Energy Center Co., Ltd. following a business transfer agreement. The total debt waived amounts to 1,390 million yen, which represents 1.7% of FIDEA’s consolidated net assets. The receivables were fully secured by collateral and reserves, and there are no anticipated changes to the company’s business forecast for the fiscal year ending March 2026.

More about Fidea Holdings Co.Ltd.

YTD Price Performance: 17.41%

Average Trading Volume: 49,522

Technical Sentiment Signal: Buy

Current Market Cap: Yen29.35B

For an in-depth examination of 8713 stock, go to TipRanks’ Overview page.

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