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Japan Cash Machine Co., Ltd. ( (JP:6418) ) has issued an update.
Japan Cash Machine Co., Ltd. has revised its earnings forecast for the fiscal year ending March 31, 2025, indicating an optimistic outlook. Despite challenges in the International Commercial segment and anticipated declines in the Domestic Commercial segment, strong performance in the Global Gaming segment and steady sales have led to an increase in profit expectations. The company anticipates improved operating profits due to a rise in high-margin products linked to new banknote issuance.
More about Japan Cash Machine Co., Ltd.
Japan Cash Machine Co., Ltd. operates in the financial technology industry, specializing in manufacturing and distributing cash handling equipment, particularly for the gaming and commercial sectors.
YTD Price Performance: 12.85%
Average Trading Volume: 201,138
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen34.65B
For a thorough assessment of 6418 stock, go to TipRanks’ Stock Analysis page.