Alps Alpine Upgrades Financial Forecasts Amid Market Changes

Alps Alpine Co (JP:6770) has released an update.

Alps Alpine Co., Ltd. has updated its financial forecasts for the first half and the full fiscal year ending March 31, 2025, reflecting a stronger performance in the mobile and consumer markets and a depreciation of the yen. The revised forecast shows a significant increase in net sales and income figures for the first half of the fiscal year. However, the company remains cautious due to a slowdown in new car sales, particularly in China, and has made adjustments to its full-year projections accordingly.

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