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Nippon Coke & Engineering Company, Limited ( (JP:3315) ) has issued an update.
Nippon Coke & Engineering Co., Ltd has revised its financial forecasts for the fiscal year ending March 31, 2026, due to recent operating trends. Despite an expected increase in coke sales volume, profits are anticipated to fall short of previous forecasts due to high-priced raw material inventory and market downturns. However, improvements in sales revenue and profits are expected in the second half of the fiscal year as cost-saving measures take effect.
More about Nippon Coke & Engineering Company, Limited
Nippon Coke & Engineering Co., Ltd operates in the coke industry, focusing on the production and sale of coke and related engineering services. The company is positioned in the market to address the needs of industries requiring high-quality coke products.
Average Trading Volume: 1,288,156
Technical Sentiment Signal: Sell
Current Market Cap: Yen26.19B
See more insights into 3315 stock on TipRanks’ Stock Analysis page.