JTOWER, Inc. (JP:4485) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
JTOWER Inc. anticipates a substantial extraordinary loss for the fiscal year ending March 31, 2025, due to advisory and legal fees related to a tender offer, leading to a revision of their full-year forecast with a projected decrease in profit attributable to owners of the parent by JPY 820 million. This adjustment comes as the company supports a tender offer by DB Pyramid Holdings, LLC that may result in JTOWER going private and being delisted from the stock exchange.
For further insights into JP:4485 stock, check out TipRanks’ Stock Analysis page.