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Furukawa Co., Ltd. ( (JP:5715) ) has issued an announcement.
Furukawa Co., Ltd. announced that its actual financial results for the second quarter of fiscal 2025 exceeded previous forecasts, primarily due to higher sales and profits in the Metals segment, benefiting from favorable metal price fluctuations. The company has revised its full-year forecasts upward, expecting higher net sales and operating profit, despite challenges in the Industrial Machinery and UNIC Machinery segments due to project delays and supply issues. The upward revision is also supported by gains from strategic shareholding sales and increased shipments in the Rock Drill Machinery segment.
The most recent analyst rating on (JP:5715) stock is a Buy with a Yen3662.00 price target. To see the full list of analyst forecasts on Furukawa Co., Ltd. stock, see the JP:5715 Stock Forecast page.
More about Furukawa Co., Ltd.
Furukawa Co., Ltd. operates in the industrial sector, focusing on products such as metals, industrial machinery, and rock drill machinery. The company is listed on the TSE Prime Market and is known for its diverse range of products and services, including UNIC cranes and hydraulic equipment, with a significant market presence in North America.
Average Trading Volume: 266,308
Technical Sentiment Signal: Buy
Current Market Cap: Yen109.7B
Learn more about 5715 stock on TipRanks’ Stock Analysis page.