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Nippon Ceramic Co ( (JP:6929) ) has provided an update.
Nippon Ceramic Co., Ltd. has approved the formulation of a new medium-term management plan covering the fiscal years ending December 2026 through December 2028, signaling a structured approach to its next phase of growth. The plan is positioned around three key pillars: achieving sustainable growth in return on equity, expanding existing businesses while improving profitability, and reinforcing future-oriented development. By fiscal 2028, the company is targeting sales of ¥30 billion, operating income of ¥7.15 billion, an operating margin of 23.8%, and ROE of at least 12%, underscoring an ambition to enhance capital efficiency and strengthen its earnings base, which could improve its competitiveness and appeal to shareholders over the medium term.
The most recent analyst rating on (JP:6929) stock is a Buy with a Yen4400.00 price target. To see the full list of analyst forecasts on Nippon Ceramic Co stock, see the JP:6929 Stock Forecast page.
More about Nippon Ceramic Co
Nippon Ceramic Co., Ltd. is a Japan-based manufacturer listed on the Tokyo Stock Exchange Prime Market (securities code 6929), operating in the electronic components and materials sector with a focus likely on ceramic-based devices and related products for industrial and technology markets.
Average Trading Volume: 102,089
Current Market Cap: Yen95.42B
For a thorough assessment of 6929 stock, go to TipRanks’ Stock Analysis page.