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An announcement from ANEST IWATA Corp. ( (JP:6381) ) is now available.
ANEST IWATA Corp. reported a decline in net sales and operating profit for the second quarter of FY2025, attributed to slow recovery in the air energy sector in China and decreased sales of coating equipment in Europe and America. Despite these challenges, the company exceeded initial forecasts for ordinary profit and net income due to favorable foreign exchange gains. The company maintains its full-year forecast and plans to implement price increases and sales promotion measures to achieve its targets.
The most recent analyst rating on (JP:6381) stock is a Buy with a Yen1718.00 price target. To see the full list of analyst forecasts on ANEST IWATA Corp. stock, see the JP:6381 Stock Forecast page.
More about ANEST IWATA Corp.
ANEST IWATA Corp. operates in the machinery industry, focusing on air energy and coating businesses. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its machinery products, including air compressors and coating equipment, with a market focus that spans both domestic and international sectors.
Average Trading Volume: 86,621
Technical Sentiment Signal: Buy
Current Market Cap: Yen61.4B
Learn more about 6381 stock on TipRanks’ Stock Analysis page.