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KATITAS Co. Faces Legal Setback with No Impact on Financial Forecasts

Story Highlights
  • KATITAS Co. is in the real estate industry, focusing on renovating and reselling homes.
  • The Supreme Court’s decision not to accept KATITAS’s appeal will not impact its financial forecasts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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KATITAS CO ( (JP:8919) ) has issued an announcement.

KATITAS Co., Ltd. announced that the Supreme Court has decided not to accept its appeal regarding the revocation of a consumption tax reassessment penalty issued by the Kanto Shinetsu Regional Taxation Bureau. Despite this legal setback, the company stated that there will be no impact on its consolidated earnings performance for the fiscal year ending March 2025, nor will there be any revisions to its performance forecast for the fiscal year ending March 2026.

The most recent analyst rating on (JP:8919) stock is a Hold with a Yen2335.00 price target. To see the full list of analyst forecasts on KATITAS CO stock, see the JP:8919 Stock Forecast page.

More about KATITAS CO

KATITAS Co., Ltd. operates in the real estate industry, primarily focusing on the renovation and resale of pre-owned homes. The company is listed on the Prime Market of the Tokyo Stock Exchange.

YTD Price Performance: -5.27%

Average Trading Volume: 205,985

Technical Sentiment Signal: Buy

Current Market Cap: Yen163.9B

For a thorough assessment of 8919 stock, go to TipRanks’ Stock Analysis page.

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