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Furuno Electric Co., Ltd. ( (JP:6814) ) just unveiled an update.
Furuno Electric Co., Ltd. has revised its financial forecasts for the second quarter of the fiscal year ending February 2026, anticipating higher net sales and profits due to strong performance in the marine business. The company’s success is driven by increased sales in the merchant vessel market, favorable reception of new products in the pleasure boat market, and reduced tax expenses. These factors have led to a significant upward revision of the company’s financial expectations.
The most recent analyst rating on (JP:6814) stock is a Buy with a Yen6300.00 price target. To see the full list of analyst forecasts on Furuno Electric Co., Ltd. stock, see the JP:6814 Stock Forecast page.
More about Furuno Electric Co., Ltd.
Furuno Electric Co., Ltd. operates in the marine electronics industry, specializing in the production of navigation and communication equipment for ships. The company focuses on the merchant vessel and pleasure boat markets, leveraging strategic product launches to enhance its market position.
Average Trading Volume: 470,857
Technical Sentiment Signal: Buy
Current Market Cap: Yen176.6B
See more data about 6814 stock on TipRanks’ Stock Analysis page.