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Nippon Aqua Revises Forecasts, Maintains Dividend

Nippon Aqua Revises Forecasts, Maintains Dividend

Nippon Aqua Co., Ltd. (JP:1429) has released an update.

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Nippon Aqua Co., Ltd. has revised its financial forecasts for the fiscal year ending December 31, 2024, citing sluggish demand from local contractors and project delays. Despite a minor decrease in sales and profit expectations, the company maintains a positive medium-to-long-term outlook and is committed to its strategy of expanding its construction and waterproofing divisions. The year-end dividend per share remains unchanged at 34 yen, reflecting confidence in future growth.

For further insights into JP:1429 stock, check out TipRanks’ Stock Analysis page.

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