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Sanrio Company ranks second in rising sell predictions from individual investors
Sanrio Company, Ltd. <8136> ranked second in "rising sell predictions" as of noon on the 7th in the "individual investor predictions (latest 48 hours)" compiled by Minkabu.
Sanrio Company shares fell sharply for the third consecutive day on the Tokyo Stock Exchange Prime Market on the 7th, hitting a new year-to-date low. The decline was triggered by the company's announcement on the 1st that it would postpone its earnings announcement previously scheduled for May 13th. The delay comes as the company investigates allegations that a senior managing director received separate compensation from a group subsidiary for which the director was responsible. A new date for the earnings announcement has not been determined. The company believes that the impact of this matter on its financial results is minor at this point.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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