Furukawa Co., Ltd. (JP:5715) has released an update.
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Furukawa Co., Ltd. has adjusted its financial forecasts for the fiscal year ending March 2025, anticipating a decrease in operating and ordinary profits despite an increase in profit attributable to owners. The revision reflects mixed performance across segments, including growth in industrial and metals, but a decline in rock drill and UNIC machinery sales. The company attributes the upward revision of its profit forecast to a review of income taxes related to strategic shareholding reductions.
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