Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Makino Milling Machine Co ( (JP:6135) ) has provided an announcement.
Makino Milling Machine has raised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, citing successful cost-reduction efforts and a weaker yen than initially assumed. The company now expects net sales of ¥252.0 billion, operating profit of ¥23.8 billion, ordinary profit of ¥25.6 billion, and profit attributable to owners of parent of ¥19.4 billion, all above its previous projections and significantly higher than the prior year’s results, implying improved profitability and a stronger earnings trajectory for shareholders.
The most recent analyst rating on (JP:6135) stock is a Hold with a Yen11592.00 price target. To see the full list of analyst forecasts on Makino Milling Machine Co stock, see the JP:6135 Stock Forecast page.
More about Makino Milling Machine Co
Makino Milling Machine Co., Ltd., listed on the Prime Market of the Tokyo Stock Exchange, operates in the machine tool industry, supplying milling machines and related equipment to manufacturing customers in Japan and overseas. The company’s performance is closely tied to global capital investment trends and currency movements, particularly the yen exchange rate, given its export exposure.
Average Trading Volume: 147,984
Technical Sentiment Signal: Buy
Current Market Cap: Yen268.5B
See more insights into 6135 stock on TipRanks’ Stock Analysis page.