Kanaden Corporation Reports Decline in Nine-Month Financial Performance but Forecasts Growth

Kanaden Corporation ( (JP:8081) ) just unveiled an update.

Kanaden Corporation reported a decline in its financial performance for the nine months ended December 31, 2024, with net sales and profits showing a year-on-year decrease. The company experienced a drop in comprehensive income by 68.5% compared to the previous year. Despite this, Kanaden has included two new companies in its scope, indicating potential strategic growth, and forecasts improved financial results for the full year ending March 31, 2025, with an anticipated increase in net sales and profits.

More about Kanaden Corporation

Kanaden Corporation is a company listed on the Tokyo Stock Exchange, involved in the industry of electric machinery and equipment distribution. They focus on providing a wide range of electrical products and services, catering to various market needs in Japan and potentially abroad.

YTD Price Performance: 1.19%

Average Trading Volume: 19,418

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen33.23B

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