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Siix Corporation ( (JP:7613) ) has issued an announcement.
SIIX Corporation has finalized a transfer agreement to sell its entire equity interest in its Hungarian subsidiary, SIIX Hungary Kft., to Vipulse Technology Kft. This move is part of the company’s ongoing liquidation process of the subsidiary, which will result in an extraordinary loss of approximately 425 million yen on consolidated results and 2,243 million yen on non-consolidated results for the fiscal year ending December 2025. The financial impact has already been included in the company’s earnings forecast, and any necessary revisions will be announced promptly.
The most recent analyst rating on (JP:7613) stock is a Hold with a Yen1298.00 price…