Nifco Inc. Reports Mixed Financial Results for Q1 FY2025

The latest announcement is out from Nifco Inc. ( (JP:7988) ).

Nifco Inc. reported its consolidated financial results for the first quarter of fiscal year 2025, showing a slight decrease in net sales to 85,541 million yen, down 0.7% year-on-year. Despite this, the company achieved a 9.3% increase in operating profit, reaching 12,999 million yen. The results indicate a mixed performance with a notable decline in comprehensive income by 89.6%, while profit attributable to owners of the parent increased by 11.2%. The financial position remains strong with a net assets ratio of 76.5%, reflecting stability in the company’s operations. The forecast for FY2025 anticipates a slight decrease in net sales and ordinary profit but an increase in dividends per share, suggesting a focus on shareholder returns.

The most recent analyst rating on (JP:7988) stock is a Hold with a Yen3500.00 price target. To see the full list of analyst forecasts on Nifco Inc. stock, see the JP:7988 Stock Forecast page.

More about Nifco Inc.

Nifco Inc. operates in the industrial sector, specializing in the production of plastic parts and components, as well as bedding and furniture. The company is listed on the Prime Market of the stock exchange and is known for its focus on innovation and quality in its product offerings.

Average Trading Volume: 287,442

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen350.1B

Learn more about 7988 stock on TipRanks’ Stock Analysis page.