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The latest update is out from ANEST IWATA Corp. ( (JP:6381) ).
ANEST IWATA Corporation reported its FY2024 financial results, showing a slight increase in net sales by 1.8% to 54,411 million yen, but a decrease in operating profit by 4.4% and ordinary profit by 10.6%. The company also announced changes in its consolidation scope, including the addition of ANEST IWATA A.I.R. Philippines Inc. and the exclusion of ANEST IWATA Italia S.r.l. Despite challenges, the company maintains a strong equity ratio and plans to increase dividends in FY2025, indicating confidence in future growth.
More about ANEST IWATA Corp.
ANEST IWATA Corporation operates in the industrial equipment sector, focusing on manufacturing and distributing air compressors, coating equipment, and vacuum pumps. The company is listed on the Tokyo Stock Exchange and has a market presence in various regions, emphasizing innovation and quality in its product offerings.
Average Trading Volume: 56,139
Technical Sentiment Signal: Hold
Current Market Cap: Yen44.01B
For detailed information about 6381 stock, go to TipRanks’ Stock Analysis page.