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Watami Records Significant Impairment Losses

Story Highlights
  • Watami operates in the hospitality industry with a focus on restaurant management.
  • The company recorded 713 million yen in impairment losses, impacting its financial results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An update from Watami Co., Ltd. ( (JP:7522) ) is now available.

Watami Co., Ltd. has announced the recording of extraordinary losses amounting to 713 million yen due to impairment losses on fixed assets related to its stores and other facilities. This financial adjustment has been reflected in the company’s consolidated financial results for the fiscal year ending March 31, 2025, indicating a potential impact on its financial performance and possibly affecting stakeholders’ perspectives.

More about Watami Co., Ltd.

Watami Co., Ltd. operates in the hospitality industry, focusing on restaurant management and related services. The company is known for its chain of restaurants and has a significant presence in the Japanese market.

Average Trading Volume: 136,671

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen44.65B

For detailed information about 7522 stock, go to TipRanks’ Stock Analysis page.

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