tiprankstipranks
Trending News
More News >

Car Mate Mfg. Co., Ltd. Reports Mixed Financial Results with Optimistic Outlook

Story Highlights
Car Mate Mfg. Co., Ltd. Reports Mixed Financial Results with Optimistic Outlook

Elevate Your Investing Strategy:

An update from Car Mate Mfg. Co Ltd ( (JP:7297) ) is now available.

Car Mate Mfg. Co., Ltd. reported a decrease in net sales for the fiscal year ending March 31, 2025, with a 2.7% decline compared to the previous year. Despite the drop in sales, the company saw a significant increase in operating profit by 37.1% and ordinary profit by 17.4%. The company anticipates a recovery in the upcoming fiscal year with a projected increase in net sales and profits, indicating a potential positive impact on its market positioning and stakeholder confidence.

More about Car Mate Mfg. Co Ltd

Car Mate Mfg. Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily operating in the automotive industry. The company specializes in manufacturing and distributing car accessories and related products, focusing on enhancing vehicle functionality and aesthetics.

Average Trading Volume: 1,538

Technical Sentiment Signal: Buy

Current Market Cap: Yen6B

See more insights into 7297 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1