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SHIBAURA MACHINE shares fall in afternoon session after postponing FY March 2026 earnings announcement again
SHIBAURA MACHINE CO., LTD. <6104> shares traded weak in afternoon trading after the company announced around 1:00 p.m. on May 18 that it would further postpone its financial results for the fiscal year ended March 2026 to May 25. The release had already been delayed from May 12 to May 18, and the additional postponement soured investor sentiment. The company attributed the delay to longer-than-expected evaluations of goodwill regarding the consolidation of Germany's Shibaura Machine LWB?whose stake was acquired in November 2025?as well as ongoing asset assessments across other group companies.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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