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Mitsuba Corporation ( (JP:7280) ) has issued an update.
Mitsuba Corporation announced its consolidated financial results for the nine months ended December 31, 2024, showing a slight increase in net sales by 0.2% to ¥257,378 million. Operating profit rose by 8%, despite a 4.2% decrease in ordinary profit. The company excluded Mitsuba Logistics Co., Ltd. from its consolidation scope, impacting its financial positioning.
More about Mitsuba Corporation
Mitsuba Corporation, listed on the Tokyo Stock Exchange under the securities code 7280, operates in the automotive industry, primarily focusing on manufacturing electrical components like wiper systems, power window motors, and door mirrors. The company has a strong market presence in Japan and globally, serving major automotive manufacturers.
YTD Price Performance: -12.14%
Average Trading Volume: 155,316
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen37.15B
Find detailed analytics on 7280 stock on TipRanks’ Stock Analysis page.
