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Nikkiso Co., Ltd. ( (JP:6376) ) has provided an announcement.
Nikkiso Co., Ltd. has announced its decision to appeal to the Tokyo High Court following the Tokyo District Court’s dismissal of its claims against a tax reassessment under the Controlled Foreign Company (CFC) tax regime. This reassessment, which pertains to the 2018 business income of its parent company and subsidiaries, resulted in a corporate income tax charge of approximately JPY 1.7 billion. The company’s appeal underscores its disagreement with the ruling and its commitment to reassert its position, potentially impacting its financial standing and stakeholder interests.
More about Nikkiso Co., Ltd.
Nikkiso Co., Ltd. operates in the industrial sector, focusing on clean energy and industrial gas solutions. The company oversees a group of foreign subsidiaries under its Clean Energy & Industrial Gas Group, emphasizing sustainable and innovative energy solutions.
Average Trading Volume: 316,793
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen73.93B
Find detailed analytics on 6376 stock on TipRanks’ Stock Analysis page.
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