tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Menicon Co. Reports Decline in Profits Despite Stable Sales

Story Highlights
Menicon Co. Reports Decline in Profits Despite Stable Sales

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Menicon Co ( (JP:7780) ) has issued an announcement.

Menicon Co., Ltd. reported its consolidated financial results for the three months ended June 30, 2025, showing a slight increase in net sales by 0.3% compared to the previous year. However, the company experienced significant declines in operating profit, ordinary profit, and profit attributable to owners of the parent, with decreases of 26.9%, 35.6%, and 43.8% respectively. The company’s comprehensive income also dropped by 76.7%. Despite these challenges, Menicon maintained its financial forecast for the fiscal year ending March 31, 2026, with expectations of a 2.9% increase in net sales and a 1.9% rise in operating profit. The company’s capital adequacy ratio improved slightly from 45.4% to 46.1%, indicating a stable financial position.

The most recent analyst rating on (JP:7780) stock is a Buy with a Yen2300.00 price target. To see the full list of analyst forecasts on Menicon Co stock, see the JP:7780 Stock Forecast page.

More about Menicon Co

Menicon Co., Ltd. is a company listed on the Tokyo and Nagoya stock exchanges, known for its operations in the optical industry, primarily focusing on the production and sale of contact lenses and related products.

Average Trading Volume: 500,668

Technical Sentiment Signal: Sell

Current Market Cap: Yen91.52B

For an in-depth examination of 7780 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1