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Musashi Seimitsu Industry Co., Ltd. ( (JP:7220) ) has provided an announcement.
Musashi Seimitsu Industry Co., Ltd. reported its consolidated financial results for FY2024, showing a slight decline in net sales by 0.8% to 347,196 million yen, while operating profit increased by 7.3% and ordinary profit rose by 15.6%. The company also announced an increase in annual dividends per share from 40 yen to 50 yen, reflecting a commitment to returning value to shareholders despite the challenges in net profit, which saw a decrease of 1.7%.
The most recent analyst rating on (JP:7220) stock is a Buy with a Yen2500.00 price target. To see the full list of analyst forecasts on Musashi Seimitsu Industry Co., Ltd. stock, see the JP:7220 Stock Forecast page.
More about Musashi Seimitsu Industry Co., Ltd.
Musashi Seimitsu Industry Co., Ltd. operates within the automotive industry, primarily focusing on the manufacturing of automotive components. The company is listed on the Tokyo and Nagoya Stock Exchanges and is known for its precision machinery and parts.
Average Trading Volume: 1,035,456
Technical Sentiment Signal: Buy
Current Market Cap: Yen171.2B
Find detailed analytics on 7220 stock on TipRanks’ Stock Analysis page.