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Fujicco Co ( (JP:2908) ) has issued an announcement.
Fujicco Co., Ltd. announced the recording of extraordinary income and loss for the fiscal year ended March 31, 2025. The extraordinary income of ¥385 million resulted from the sale of investment securities, aligning with efforts to reduce cross-shareholdings and enhance capital efficiency. Conversely, an extraordinary loss of ¥495 million was recorded due to the planned closure of the aging Hamasaka Plant, which will consolidate production and improve operational efficiency. The closure, scheduled for March 31, 2027, will involve transferring plant employees to other company locations to retain jobs.
More about Fujicco Co
Fujicco Co., Ltd. operates in the food manufacturing industry, primarily producing kombu and bean products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is focused on improving capital efficiency and operational effectiveness.
YTD Price Performance: 2.00%
Technical Sentiment Signal: Buy
Current Market Cap: $339.4M
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