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Harmonic Drive Systems ( (JP:6324) ) just unveiled an update.
Harmonic Drive Systems Inc. announced the successful completion of the sale of its investment securities, specifically 3,265,000 common shares of Nabtesco Corporation, which accounted for 2.71% of Nabtesco’s total issued shares. This transaction resulted in an extraordinary income gain of 5,865 million yen, as per the company’s financial update released on January 16, 2025. The sale is expected to have notable implications for the company’s financial results for the fiscal year ending March 31, 2025.
More about Harmonic Drive Systems
Harmonic Drive Systems Inc. operates in the precision motion control industry, specializing in products like harmonic drive gears, actuators, and other precision control devices. The company is focused on serving various sectors, including robotics, aerospace, and industrial machinery.
YTD Price Performance: 27.43%
Average Trading Volume: 177
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.59B
For an in-depth examination of 6324 stock, go to TipRanks’ Stock Analysis page.
