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Daishinku Corp., ( (JP:6962) ) has provided an update.
Daishinku Corp. has revised its financial performance forecast for the fiscal year ending March 31, 2025, due to challenges in the Chinese smartphone market and global economic uncertainties. The company faced intensified price competition and delays in meeting supply demands, leading to expected shortfalls in sales and profits compared to previous forecasts.
More about Daishinku Corp.,
Daishinku Corp. operates in the electronics industry, focusing on the production of electronic components such as chipsets and TCXOs for GPS/GNSS modules. The company is engaged in the global market with a particular focus on supplying components for the 5G smartphone sector.
Average Trading Volume: 177,265
Technical Sentiment Signal: Sell
Current Market Cap: Yen16.49B
For an in-depth examination of 6962 stock, go to TipRanks’ Stock Analysis page.