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Meidensha Corporation ( (JP:6508) ) has shared an announcement.
Meidensha Corporation reported strong financial results for the fiscal year ended March 31, 2025, with a 4.6% increase in net sales and significant growth in operating and ordinary income. The company benefited from expanding demand for equipment upgrades in the domestic electric power market and increased demand for products not using SF6 gas in developed countries. However, the EV business faced challenges due to weakened momentum in the automotive industry. The company achieved record highs in net sales and operating income in several business segments, including Power Infrastructure and Field Service Engineering, while continuing to focus on sustainability management and strengthening its overseas business earnings base.
The most recent analyst rating on (JP:6508) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Meidensha Corporation stock, see the JP:6508 Stock Forecast page.
More about Meidensha Corporation
Meidensha Corporation operates in the electric power and infrastructure industry, focusing on products and services such as power infrastructure, public and industrial sector solutions, mobility and electrical components, and field service engineering. The company is listed on the Tokyo and Nagoya Stock Exchanges and has a significant market presence in both domestic and international markets.
Average Trading Volume: 295,452
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen193.5B
Learn more about 6508 stock on TipRanks’ Stock Analysis page.
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