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Nabtesco ( (JP:6268) ) has issued an update.
Nabtesco Corporation reported a significant increase in its financial performance for the first nine months of FY2025, with net sales rising by 10.5% and net income attributable to owners of the parent increasing by 103.3% compared to the previous year. The company has reclassified its hydraulic equipment business as a discontinued operation, impacting the presentation of its financial results. Despite this reclassification, Nabtesco has revised its full-year forecast, anticipating a 7.2% increase in net sales and a 60.7% rise in operating income, reflecting a strong operational performance and strategic adjustments.
The most recent analyst rating on (JP:6268) stock is a Buy with a Yen3452.00 price target. To see the full list of analyst forecasts on Nabtesco stock, see the JP:6268 Stock Forecast page.
More about Nabtesco
Nabtesco Corporation operates in the industrial sector, primarily focusing on the development and manufacturing of precision equipment and components. The company is listed on the Prime Section of the Tokyo Stock Exchange and is known for its innovative solutions in motion control technology, serving various markets including transportation, industrial machinery, and energy.
Average Trading Volume: 965,278
Technical Sentiment Signal: Buy
Current Market Cap: Yen465.1B
For an in-depth examination of 6268 stock, go to TipRanks’ Overview page.