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KURABO INDUSTRIES LTD. ( (JP:3106) ) just unveiled an announcement.
Kurabo Industries Ltd. announced its decision to sell certain investment securities as part of its strategy to reduce cross-shareholdings, expecting to record an extraordinary income of approximately ¥4.0 billion from this sale. This move is aligned with the company’s medium-term management plan ‘Accelerate ’27’ and is anticipated to impact the financial results for the fiscal year ending March 31, 2026, by incorporating the gain into the consolidated financial forecast.
More about KURABO INDUSTRIES LTD.
Kurabo Industries Ltd. operates in the textile industry and is known for its production of textiles and related products. The company is listed on the Tokyo Stock Exchange and focuses on strategic financial management as part of its medium-term management plan.
Average Trading Volume: 65,273
Technical Sentiment Signal: Buy
Current Market Cap: Yen110.3B
See more data about 3106 stock on TipRanks’ Stock Analysis page.