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AMIYAKI TEI Revises Earnings Forecast Amid Challenging Market Conditions

Story Highlights
  • AMIYAKI TEI revises its full-year earnings forecast due to lower-than-expected sales and profits.
  • The company faces high costs and external challenges but continues growth through new initiatives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AMIYAKI TEI Revises Earnings Forecast Amid Challenging Market Conditions

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AMIYAKI TEI CO., LTD. ( (JP:2753) ) has issued an announcement.

AMIYAKI TEI CO., LTD. has announced a revision of its full-year consolidated earnings forecast due to a shortfall in expected sales and profits for the second quarter. The company attributes this to factors such as high raw material costs, increased personnel and logistics expenses, and external influences like hot weather and rising prices. Despite these challenges, the company is pursuing growth through new store openings and strategic campaigns, although the immediate impact on earnings is expected to be limited.

The most recent analyst rating on (JP:2753) stock is a Buy with a Yen1682.00 price target. To see the full list of analyst forecasts on AMIYAKI TEI CO., LTD. stock, see the JP:2753 Stock Forecast page.

More about AMIYAKI TEI CO., LTD.

AMIYAKI TEI CO., LTD. operates in the restaurant industry, focusing on the yakiniku business and the restaurant chain ‘Kando no Niku to Kome.’ The company is actively expanding its market presence through new store openings and strategic initiatives.

Average Trading Volume: 36,301

Technical Sentiment Signal: Buy

Current Market Cap: Yen30.72B

For an in-depth examination of 2753 stock, go to TipRanks’ Overview page.

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