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Tonami Holdings Reports Extraordinary Loss Due to Goodwill Impairment

Story Highlights
  • Tonami Holdings operates in logistics and transportation, expanding through acquisitions.
  • The company reported a 1,106 million yen loss from goodwill impairment due to underperformance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Tonami Holdings Co., Ltd. ( (JP:9070) ) just unveiled an update.

Tonami Holdings Co., Ltd. announced an extraordinary loss due to the impairment of goodwill following the acquisition of Apex Co. Ltd. The impairment, amounting to 1,106 million yen, was recognized after a group company under Apex underperformed against initial expectations, impacting the company’s financial results for the fiscal year ended March 31, 2025.

More about Tonami Holdings Co., Ltd.

Tonami Holdings Co., Ltd. operates in the logistics and transportation industry, providing a range of services including freight transportation and logistics solutions. The company focuses on expanding its market presence through strategic acquisitions and business transfers.

Average Trading Volume: 57,242

Technical Sentiment Signal: Buy

Current Market Cap: Yen92.07B

See more data about 9070 stock on TipRanks’ Stock Analysis page.

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