Nihon Kohden Corporation (JP:6849) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Nihon Kohden Corporation reported a decrease in net sales for the first quarter of FY2024, with domestic sales down by 2.2% and overseas sales falling by 9.9%. The company’s operating income and income attributable to owners also saw significant declines. This financial performance is influenced by foreign exchange rates, with the US dollar and EURO both strengthening against the yen.
For further insights into JP:6849 stock, check out TipRanks’ Stock Analysis page.