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ANEST IWATA Corp. ( (JP:6381) ) has provided an announcement.
ANEST IWATA Corporation reported a decline in net sales and profits for the first quarter of FY2025, with a notable drop in the air energy business due to weak demand in China. The coating business saw increased profits despite declining sales, attributed to improved marketing in China. Overall, the company faced challenges with increased SG&A expenses and reduced foreign exchange gains, impacting its ordinary and operating profits.
More about ANEST IWATA Corp.
ANEST IWATA Corporation operates in the machinery industry, focusing on air energy and coating businesses. The company is known for its air compressors and coating equipment, with a significant market presence in China and Europe.
Average Trading Volume: 90,723
Technical Sentiment Signal: Buy
Current Market Cap: Yen63B
For an in-depth examination of 6381 stock, go to TipRanks’ Overview page.