FilingReader Intelligence
Sanken Electric reports 55% sales drop, plans subsidiary merger
August 13, 2025 at 06:40 AM UTC•By FilingReader AI
Sanken Electric will merge with wholly owned subsidiary POWDEC effective October 1, 2025, to enhance power device competitiveness.
The company reported consolidated net sales of ¥22,238 million for Q1 2025, down from ¥49,828 million in Q1 2024, resulting in a ¥387 million operating loss and ¥864 million net loss.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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TSE:6707•Tokyo Stock Exchange
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