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Nakayama Steel Works,Ltd. ( (JP:5408) ) just unveiled an announcement.
Nakayama Steel Works, Ltd. reported a significant decrease in net sales and profits for FY2024, primarily due to reduced sales volume and lower prices for steel products. Despite improvements in spread and factory costs, the company faced increased fixed costs and transportation expenses, leading to a 34% drop in ordinary profit year-on-year.
More about Nakayama Steel Works,Ltd.
Nakayama Steel Works, Ltd. operates in the steel industry, focusing on the production and sale of steel products.
Average Trading Volume: 266,187
Technical Sentiment Signal: Sell
Current Market Cap: Yen39.09B
For a thorough assessment of 5408 stock, go to TipRanks’ Stock Analysis page.