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Yorozu Corporation ( (JP:7294) ) has provided an update.
Yorozu Corporation has announced significant financial revisions due to the recognition of impairment losses and the reversal of deferred tax assets, largely driven by changes in the Chinese automotive market and declining global production. Despite incurring a net loss for the fiscal year ending March 31, 2025, these measures are part of the company’s strategic restructuring efforts under their Medium-Term Business Plan to strengthen earnings and optimize operations for future stability.
More about Yorozu Corporation
Yorozu Corporation operates in the automotive industry and is primarily involved in manufacturing components related to vehicle suspension systems. The company is listed on the TSE Prime Market and engages in markets across the Americas and Asia.
YTD Price Performance: -7.75%
Average Trading Volume: 32,176
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen26.88B
For an in-depth examination of 7294 stock, go to TipRanks’ Stock Analysis page.
