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The latest announcement is out from Nisshinbo Holdings ( (JP:3105) ).
Nisshinbo Holdings has revised its financial forecast for the fiscal year ending December 31, 2025, due to restructuring efforts in its Wireless and Communications business and extraordinary losses in its Chemicals business. The company anticipates a significant decrease in profit attributable to owners, primarily due to costs associated with an early retirement program and impairment losses on assets related to fuel cell components.
More about Nisshinbo Holdings
Nisshinbo Holdings Inc. operates in the wireless and communications industry, focusing on restructuring its business to improve profitability. The company is listed on the Tokyo Stock Exchange and engages in various sectors, including chemicals and wireless communications.
Average Trading Volume: 849,727
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen154.7B
Find detailed analytics on 3105 stock on TipRanks’ Stock Analysis page.