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Nifco Inc. ( (JP:7988) ) just unveiled an update.
Nifco Inc. reported a significant increase in net profit for the fiscal year ending March 31, 2025, attributed to strong performance in its industrial plastic parts and components business. The company also benefited from the resolution of liquidating a consolidated subsidiary, which clarified the timing of reversal of temporary differences on future deductions, leading to the recording of deferred tax assets and contributing to the profit increase.
More about Nifco Inc.
Nifco Inc. operates in the industrial plastic parts and components industry, focusing on manufacturing and supplying essential components for various sectors.
Average Trading Volume: 247,068
Technical Sentiment Signal: Hold
Current Market Cap: Yen332.6B
See more insights into 7988 stock on TipRanks’ Stock Analysis page.