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The latest announcement is out from Nichirei Corporation ( (JP:2871) ).
Nichirei Corporation reported record-high net sales and operating profit for FY25/3, despite falling short of previous profit expectations. The company has set a new long-term management goal, ‘N-FIT 2035,’ to enhance profitability and capital efficiency, with targets including a 10% operating profit/net sales ratio and a 40% overseas net sales ratio. Under its medium-term business plan, ‘Compass × Growth 2027,’ Nichirei plans to deepen competitive advantages, expand overseas business, and promote human capital management, aiming for a 7% operating profit/net sales ratio and a 30% overseas sales ratio.
The most recent analyst rating on (JP:2871) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Nichirei Corporation stock, see the JP:2871 Stock Forecast page.
More about Nichirei Corporation
Nichirei Corporation operates in the food industry, focusing on frozen foods, logistics, and biosciences. It aims to expand its market presence both domestically and internationally, with a focus on enhancing profitability and capital efficiency.
Average Trading Volume: 1,325,833
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen508B
See more insights into 2871 stock on TipRanks’ Stock Analysis page.