The Kinki Sharyo's sale of fixed assets and recognition of an extraordinary gain were viewed positively, sending its share price sharply higher. In afternoon trading, the stock rose as high as ¥2,443, up approximately 3.9% from the previous day.
The Kinki Sharyo's sale of fixed assets and recognition of an extraordinary gain drew market attention, prompting a sharp rebound in its share price.
As of 12:57 p.m., the stock was trading at ¥2,443, up ¥91 from the previous day, after rising as high as ¥2,498 at one point.