tiprankstipranks
Company Announcements

OXIDE Corp. Addresses Raicol Goodwill Impairment Amid Geopolitical Uncertainties

Story Highlights
OXIDE Corp. Addresses Raicol Goodwill Impairment Amid Geopolitical Uncertainties

OXIDE Corp. ( (JP:6521) ) has provided an announcement.

OXIDE Corporation held a financial results briefing to address questions from analysts and investors regarding the nine months ended November 30, 2024. The company discussed the impairment of Raicol goodwill, which was attributed to a slowdown in orders due to the Israeli conflict, trade restrictions, and supply chain concerns. The future impact remains uncertain, and the company plans to adopt a conservative approach in future forecasts.

More about OXIDE Corp.

YTD Price Performance: -5.67%

Average Trading Volume: 99,347

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen17.18B

Learn more about 6521 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App