Report
EUR 14.40 For Business Accounts Only

TSUBAKIMOTO CHAIN receives a double requalification that leads to a downgrade to Neutral

TSUBAKIMOTO CHAIN (JP), a company active in the Industrial Machinery industry, sees its general evaluation downgraded to Neutral on account of a double requalification. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour has also deteriorated and is evaluated as moderately risky. theScreener believes that the loss of a star(s) and the increased risk justifies the general evaluation downgrade, which passes to Neutral. As of the analysis date March 8, 2022, the closing price was JPY 2,924.00 and its expected value was estimated at JPY 3,211.61.
Underlying
Tsubakimoto Chain Co.

Tsubakimoto Chain is an integrated manufacturer of power transmission products and materials handling systems. Co.'s principal products are drive chains, small pitch conveyor chains, large pitch conveyor chains, plastic chains, cable and hose protection and guidance products, timing chain drive systems, power drive chains, reducers/variable speed drives, linear actuators, locking devices, shaft couplings and cam clutches; and sorting and conveyance systems, storage and picking systems, bulk conveyance systems, scrap metal conveyance and coolant processing equipment. In addition, Co. is engaged in the provision of building maintenance services and insurance agency services.

Provider
TheScreener
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