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DaikyoNishikawa Revises Financial Forecast, Expects Higher Profits Despite Sales Decline

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DaikyoNishikawa Revises Financial Forecast, Expects Higher Profits Despite Sales Decline

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DaikyoNishikawa Corp. ( (JP:4246) ) has issued an announcement.

DaikyoNishikawa Corporation has revised its financial forecast for the fiscal year ending March 31, 2026, due to recent operating trends. Despite an anticipated decline in net sales, the company expects an increase in operating profit, ordinary profit, and profit attributable to owners of the parent, driven by foreign exchange gains, cost recovery improvements, and effective cost management strategies.

The most recent analyst rating on (JP:4246) stock is a Buy with a Yen802.00 price target. To see the full list of analyst forecasts on DaikyoNishikawa Corp. stock, see the JP:4246 Stock Forecast page.

More about DaikyoNishikawa Corp.

DaikyoNishikawa Corporation operates in the manufacturing industry, focusing on producing automotive components. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in the automotive sector.

Average Trading Volume: 138,366

Technical Sentiment Signal: Buy

Current Market Cap: Yen50.27B

For an in-depth examination of 4246 stock, go to TipRanks’ Overview page.

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