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Harmonic Drive Systems Revises Financial Forecast Amid Operational Challenges

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Harmonic Drive Systems Revises Financial Forecast Amid Operational Challenges

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Harmonic Drive Systems ( (JP:6324) ) has issued an announcement.

Harmonic Drive Systems Inc. has revised its financial forecast for the fiscal year ending March 31, 2025, with slight increases in net sales and profit attributable to owners, but a significant drop in operating profit due to inventory valuation adjustments at its U.S. subsidiary. This revision reflects the company’s ongoing challenges in maintaining operational efficiency, impacting its financial performance and potentially influencing stakeholder confidence.

The most recent analyst rating on (JP:6324) stock is a Hold with a Yen4427.00 price target. To see the full list of analyst forecasts on Harmonic Drive Systems stock, see the JP:6324 Stock Forecast page.

More about Harmonic Drive Systems

Harmonic Drive Systems Inc. operates in the precision machinery industry, specializing in the production of high-precision gears and motion control systems. The company primarily focuses on providing innovative solutions for robotics, aerospace, and industrial automation sectors.

Average Trading Volume: 1,865,436

Technical Sentiment Signal: Hold

Current Market Cap: Yen356.2B

See more data about 6324 stock on TipRanks’ Stock Analysis page.

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