NOK Corporation to Record Extraordinary Income from Securities Sale
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NOK Corporation announced plans to sell investment securities, expecting to record extraordinary income of 25 billion yen in the fiscal year ending March 2026. This sale aims to reduce cross-shareholdings by 25% over three years and exceeds the initial financial forecast by 17.5 billion yen. The company's strategy focuses on optimizing financial performance and strengthening market position. The latest analyst rating for NOK stock is a Buy with a price target of Yen2800.00.
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