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FUJI DIE Co ( (JP:6167) ) has issued an update.
Fuji Die Co., Ltd. has revised its financial forecast for the fiscal year ending March 31, 2025, due to a decline in demand for automotive molds and unexpected increases in raw material costs. Despite efforts to improve efficiency through system innovation and automation, the company anticipates a decrease in profits across various stages, prompting a downward revision of its net sales and profit forecasts. However, the year-end dividend forecast remains unchanged at 40 yen per share.
More about FUJI DIE Co
Fuji Die Co., Ltd. operates in the manufacturing industry, focusing on the production of molds, particularly for automotive parts. The company is listed on the TSE Prime Market under the securities code 6167.
For detailed information about 6167 stock, go to TipRanks’ Stock Analysis page.