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The latest update is out from Nichiha Corporation ( (JP:7943) ).
Nichiha Corporation has revised its full-year financial forecast, reducing its net sales expectation due to a strategic withdrawal from the U.S. residential exterior building materials market. Despite this, operating and ordinary profit forecasts remain unchanged, supported by domestic price increases and cost reductions. However, the profit attributable to owners has been significantly revised downward due to impairment losses and extraordinary expenses related to the U.S. market exit. The company maintains its annual dividend forecast, highlighting its commitment to stable shareholder returns.
The most recent analyst rating on (JP:7943) stock is a Hold with a Yen3207.00 price target. To see the full list of analyst forecasts on Nichiha Corporation stock, see the JP:7943 Stock Forecast page.
More about Nichiha Corporation
Nichiha Corporation operates in the building materials industry, focusing on the production and distribution of exterior building materials. The company has a market presence in both domestic and international markets, including the United States.
Average Trading Volume: 92,181
Technical Sentiment Signal: Sell
Current Market Cap: Yen98.96B
Find detailed analytics on 7943 stock on TipRanks’ Stock Analysis page.