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An announcement from Meidensha Corporation ( (JP:6508) ) is now available.
Meidensha Corporation announced a discrepancy between its forecasted and actual financial results for the fiscal year ending March 2025. Despite a decrease in net sales due to project delays, the company exceeded its profit forecasts through increased operational efficiency and cost reductions, resulting in higher operating and net income.
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 industrial sector, focusing on manufacturing and providing electrical equipment and systems. The company is known for its products and services in power generation, transmission, and distribution, catering to various industrial and infrastructure needs.
Average Trading Volume: 295,452
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen193.5B
See more insights into 6508 stock on TipRanks’ Stock Analysis page.