FilingReader Intelligence
Harmonic Drive Systems expects impairment loss, revises fiscal forecast
April 24, 2025 at 12:03 PM UTC•By FilingReader AI
Harmonic Drive Systems (TSE:6324) announced it expects to record an impairment loss of JPY1,189 million due to a write-down of fixed assets held by its consolidated subsidiary, Harmonic Precision Inc. This subsidiary manufactures special bearings for the Harmonic Drive Systems group. As a result, the company has revised its consolidated earnings forecast for the fiscal year ending March 31, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
TSE:6324•Tokyo Stock Exchange
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