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Nakayama Steel Works,Ltd. ( (JP:5408) ) has provided an update.
Nakayama Steel Works, Ltd. reported a decline in net sales by 18.4% for the three months ending June 30, 2025, compared to the same period in the previous year. Despite the decrease in sales, the company managed to achieve a significant increase in operating profit by 31.1%, indicating improved operational efficiency. The company also announced a reduction in its annual dividend forecast for the fiscal year ending March 31, 2026, reflecting a cautious approach in response to market conditions.
More about Nakayama Steel Works,Ltd.
Nakayama Steel Works, Ltd. is a company listed on the Tokyo Stock Exchange, operating in the steel industry. It focuses on the production and distribution of steel products, catering to various industrial needs.
Average Trading Volume: 255,354
Technical Sentiment Signal: Sell
Current Market Cap: Yen34.76B
For an in-depth examination of 5408 stock, go to TipRanks’ Overview page.