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An announcement from NIPPN Corporation ( (JP:2001) ) is now available.
NIPPN Corporation reported a 2.5% increase in net sales for the first nine months of FY2025, driven by expanded food service demand and strengthened marketing strategies. Despite higher sales volume, operating and ordinary incomes decreased due to rising costs. However, extraordinary gains led to a 36.2% increase in profit attributable to owners. The company maintains its forecast for FY2025 and plans to pay consistent dividends.
More about NIPPN Corporation
NIPPN Corporation, based in Chiyoda-ku, Tokyo, operates in the food industry, focusing on flour milling and food businesses. The company is known for its Oh’ My Premium brand of dried and frozen pasta, and it is expanding its market reach in the ASEAN region and frozen food segment.
YTD Price Performance: 0.50%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.08B
For detailed information about 2001 stock, go to TipRanks’ Stock Analysis page.