Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Daido Metal Co., Ltd. ( (JP:7245) ) just unveiled an update.
Daido Metal Co., Ltd. reported its consolidated financial results for the three months ended June 30, 2025, showing a slight increase in net sales by 0.9% to ¥33,516 million. The company experienced substantial growth in operating profit by 31.9% and profit attributable to owners of the parent by 26.8%. Despite these positive results, comprehensive income showed a significant decline, indicating potential challenges in other financial areas. The company maintained its dividend forecast for the fiscal year ending March 31, 2026, with an expected increase in total annual dividends, reflecting confidence in its financial stability.
More about Daido Metal Co., Ltd.
Daido Metal Co., Ltd. operates in the manufacturing industry, primarily focusing on producing metal bearings. The company is listed on the Tokyo and Nagoya Stock Exchanges, indicating its significant presence in the Japanese market.
Average Trading Volume: 208,492
Technical Sentiment Signal: Buy
Current Market Cap: Yen33.53B
For a thorough assessment of 7245 stock, go to TipRanks’ Stock Analysis page.