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Meiwa Corporation ( (JP:8103) ) has provided an update.
Meiwa Corporation reported a slight decrease in net sales compared to its forecast for the fiscal year ending March 2025, but exceeded expectations in net income attributable to owners of the parent, driven by strong performances in its flame retardants and petroleum products departments. The company also revised its year-end dividend forecast upwards to 42 yen per share, reflecting a commitment to shareholder returns and aligning with its Medium-Term Management Plan.
More about Meiwa Corporation
Meiwa Corporation is a company listed on the Tokyo Stock Exchange, operating in industries related to flame retardants, petroleum products, and the battery and automotive division. The company focuses on providing products and services that contribute to these sectors, with a market focus on enhancing operational efficiencies and shareholder returns.
YTD Price Performance: 9.56%
Average Trading Volume: 132,835
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen27.25B
Learn more about 8103 stock on TipRanks’ Stock Analysis page.