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An update from Furukawa Co., Ltd. ( (JP:5715) ) is now available.
Furukawa Co., Ltd. has revised its full-year financial forecasts upward, expecting increased net sales, operating profit, and ordinary profit for the fiscal year ending March 31, 2025. This adjustment is partly due to higher-than-expected shipments in the Rock Drill Machinery segment and the positive impact of the yen’s depreciation on the Metals segment. The company also anticipates an extraordinary profit from the sale of investment securities, contributing to a projected year-on-year increase in profit attributable to owners of the parent.
More about Furukawa Co., Ltd.
Furukawa Co., Ltd. operates in the machinery and metals industry, focusing on segments such as Rock Drill Machinery, UNIC Machinery, and Metals. The company provides products including hydraulic crawler drills and has a market focus on regions like North America.
YTD Price Performance: 32.98%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €508.1M
For an in-depth examination of 5715 stock, go to TipRanks’ Stock Analysis page.
