Icom Incorporated Reports Decline in Financial Performance but Projects Modest Growth

Icom Incorporated ( (JP:6820) ) has shared an update.

Icom Incorporated reported a decline in its financial performance for the nine months ended December 31, 2024, with net sales and profits experiencing significant drops compared to the previous year. Despite the downturn, the company maintains a strong equity-to-asset ratio, indicating a stable financial position, and projects modest growth in net sales and operating profit for the full fiscal year ending March 31, 2025.

More about Icom Incorporated

Icom Incorporated is a company listed on the Tokyo Stock Exchange, operating under the securities code 6820. The company is involved in the communications industry, offering a range of products and services related to radio and communication equipment.

YTD Price Performance: -2.03%

Average Trading Volume: 8,500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen38.8B

Learn more about 6820 stock on TipRanks’ Stock Analysis page.