Ahresty Corporation Completes Subsidiary Equity Transfer, Records Extraordinary Income
Ahresty Corporation has completed the equity transfer of its subsidiary, Ahresty Precision Die Mold (Guangzhou) Co., Ltd., to Guangzhou Jinzhang Plastic Products Co., Ltd. This transaction will generate an extraordinary income of approximately 1 billion yen, already included in the earnings forecast for the fiscal year ending March 31, 2026. The company remains listed on the Prime Market of the Tokyo Stock Exchange and focuses on die casting products.
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An announcement from Ahresty Corporation ( (JP:5852) ) is now available.
Ahresty Corporation has completed the transfer of its equity interests in Ahresty Precision Die Mold (Guangzhou) Co., Ltd. to Guangzhou Jinzhang Plastic Products Co., Ltd., resulting in the exclusion of the Guangzhou subsidiary from its consolidated subsidiaries. This transaction is expected to generate an extraordinary income of approximately 1 billion yen, which has already been factored into the company’s earnings forecast for the fiscal year ending March 31, 2026, ensuring no changes to the previously announced financial outlook.
More about Ahresty Corporation
Ahresty Corporation operates in the manufacturing industry, primarily focusing on die casting products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its precision die mold products.
Average Trading Volume: 135,216
Technical Sentiment Signal: Buy
Current Market Cap: Yen19.78B
Learn more about 5852 stock on TipRanks’ Stock Analysis page.
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