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Nakanishi Inc. Revises Financial Forecasts Following Tax Audit

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Nakanishi ( (JP:7716) ) has shared an announcement.

Nakanishi Inc. plans to file an amended tax return following a tax audit by the KantoShinetsu Regional Taxation Bureau, which identified that certain overseas subsidiaries should be taxed in Japan. This has led to a revision of the company’s financial forecasts for the fiscal year ending December 31, 2025, with a decrease in profit attributable to owners of the parent due to additional income taxes. Despite this, the dividend forecast remains unchanged. The company is taking steps to improve its tax compliance framework and is monitoring the potential impact of U.S. tariff policies on its business.

More about Nakanishi

Nakanishi Inc. is a company focused on creating innovative ‘grinding technology’ with applications in dental, surgical, and industrial fields. Their products are sold in 145 countries, and the company is committed to contributing to medical care and improving lives globally. Nakanishi is listed on the Tokyo Stock Exchange.

YTD Price Performance: -21.22%

Average Trading Volume: 300,270

Technical Sentiment Signal: Sell

Current Market Cap: Yen161.5B

For a thorough assessment of 7716 stock, go to TipRanks’ Stock Analysis page.

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