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Neturen Co., Ltd. Revises Financial Forecasts Amid Market Challenges

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Neturen Co., Ltd. Revises Financial Forecasts Amid Market Challenges

Elevate Your Investing Strategy:

Neturen Co., Ltd. ( (JP:5976) ) has issued an announcement.

Neturen Co., Ltd. has revised its financial forecasts for the fiscal year ending March 31, 2025, due to sluggish market conditions in key industries and a decline in raw material prices. Despite a decrease in sales and operating profit projections, the company expects an increase in profit attributable to owners due to extraordinary income from the sale of investment securities. The company plans to enhance corporate value through proactive sales activities and cost reduction efforts.

More about Neturen Co., Ltd.

Neturen Co., Ltd. operates in the manufacturing industry, focusing on products related to construction, construction machinery, and machine tools. The company is also involved in the automotive sector, particularly in the production of high-strength spring steel wire.

YTD Price Performance: 3.78%

Average Trading Volume: 56,936

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen31.07B

Find detailed analytics on 5976 stock on TipRanks’ Stock Analysis page.

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