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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.