Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
The latest announcement is out from Menicon Co ( (JP:7780) ).
Menicon Co., Ltd. announced the recording of extraordinary income due to the gain on reversal of share acquisition rights, stemming from the redemption of ¥23 billion Zero Coupon Convertible Bonds. This financial maneuver is reflected in the company’s consolidated financial results for the fiscal year ending March 31, 2025, potentially impacting its financial standing and stakeholder interests.
The most recent analyst rating on (JP:7780) stock is a Buy with a Yen2300.00 price target. To see the full list of analyst forecasts on Menicon Co stock, see the JP:7780 Stock Forecast page.
More about Menicon Co
Menicon Co., Ltd. operates in the optical industry, primarily focusing on the production and distribution of contact lenses and related products. The company is listed on the TSE Prime Market and NSE Premier Market.
Average Trading Volume: 389,349
Technical Sentiment Signal: Sell
Current Market Cap: Yen105.8B
See more insights into 7780 stock on TipRanks’ Stock Analysis page.