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An update from Nichicon Corporation ( (JP:6996) ) is now available.
Nichicon Corporation reported a decline in its consolidated financial results for the fiscal year ending March 31, 2025, with net sales decreasing by 3.2% and operating profit dropping by 41.6% compared to the previous year. Despite the downturn, the company plans to increase its annual dividend per share, reflecting a commitment to shareholder returns. The financial forecast for the next fiscal year anticipates a modest recovery in net sales and operating profit, signaling potential stabilization in the company’s operations.
More about Nichicon Corporation
Nichicon Corporation is a company listed on the Tokyo Stock Exchange, primarily engaged in the electronics industry. The company specializes in the production of capacitors and other electronic components, serving various market segments with a focus on innovation and quality.
Average Trading Volume: 305,339
Technical Sentiment Signal: Buy
Current Market Cap: Yen79.85B
See more insights into 6996 stock on TipRanks’ Stock Analysis page.