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Nabtesco Reports Decline in 2024 Financials, Eyes Recovery

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Nabtesco Reports Decline in 2024 Financials, Eyes Recovery

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Nabtesco ( (JP:6268) ) just unveiled an update.

Nabtesco Corporation reported its consolidated financial results for the fiscal year 2024, showing a decline in key financial metrics such as net sales, operating income, and net income compared to the previous year. Despite the downturn, the company maintains its dividend payout and forecasts a moderate recovery in 2025, highlighting a challenging period but indicating a commitment to shareholder returns.

More about Nabtesco

Nabtesco Corporation is a Japanese company listed on the Prime section of the Tokyo Stock Exchange. It operates in the industrial machinery sector, focusing on the development and manufacturing of motion control technology and components.

YTD Price Performance: 2.44%

Average Trading Volume: 814

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $2.15B

Learn more about 6268 stock on TipRanks’ Stock Analysis page.

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