ISEKI & CO steady after announcing approximately 6.1 billion yen gain on fixed asset transfer
ISEKI & CO., LTD. <6310> traded firmly after announcing after the market close on Aug. 31 that it will record a gain of about 6.1 billion yen on fixed asset sales. The gain stems from transferring production operations from Kumamoto to Matsuyama in March. ISEKI & CO. expects to book the amount as an extraordinary gain in the first quarter of the fiscal year ending Dec. 2027. The news spurred buying.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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