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Asahi Kasei ( (JP:3407) ) just unveiled an announcement.
Asahi Kasei reported its consolidated financial results for the first quarter of fiscal 2025, showing a slight increase in net sales by 0.3% compared to the previous year. However, net income attributable to owners of the parent decreased by 42.2%. The company maintained its forecast for fiscal 2025, with slight adjustments to its Q1-Q2 outlook. Despite the financial fluctuations, Asahi Kasei continues to focus on its strategic goals, including the elimination of five companies from its consolidation scope, which may impact its operational efficiency and market positioning.
The most recent analyst rating on (JP:3407) stock is a Hold with a Yen1140.00 price target. To see the full list of analyst forecasts on Asahi Kasei stock, see the JP:3407 Stock Forecast page.
More about Asahi Kasei
Asahi Kasei Corporation is a diversified Japanese company operating in various industries including chemicals, electronics, and healthcare. The company is known for its innovative products and services, focusing on sustainable solutions and technological advancements to meet market demands.
Average Trading Volume: 4,527,100
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1409.6B
See more data about 3407 stock on TipRanks’ Stock Analysis page.