tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Icom Incorporated Reports Significant Decline in Q1 2025 Financial Results

Story Highlights
Icom Incorporated Reports Significant Decline in Q1 2025 Financial Results

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Icom Incorporated ( (JP:6820) ) is now available.

Icom Incorporated reported a significant decline in its financial performance for the three months ended June 30, 2025, with net sales dropping by 7.5% and profit attributable to owners of the parent plummeting by 72.1% compared to the previous year. Despite the downturn, the company maintains a strong equity-to-asset ratio of 90.3%, and it has not revised its forecast for the fiscal year ending March 31, 2026, projecting a 6.8% increase in net sales and a 16.2% rise in profit attributable to owners of the parent.

More about Icom Incorporated

Icom Incorporated is a company listed on the Tokyo Stock Exchange, operating in the electronics industry. It specializes in the production and sale of communication equipment, focusing on both domestic and international markets.

Average Trading Volume: 11,869

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen42.48B

For an in-depth examination of 6820 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1