Morinaga & Co (JP:2201) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Morinaga & Co. has revised its financial forecasts for the fiscal year ending March 31, 2025, predicting higher-than-expected net sales and profits due to strong performance in its Confectionery & Foodstuffs and Frozen Desserts businesses in Japan. Despite challenges from rising raw material costs, the company anticipates exceeding previous forecasts through sales growth and strategic price adjustments. The year-end dividend remains unchanged at 60 yen per share.
For further insights into JP:2201 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue