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Nippon Sharyo Reports Improved Financial Performance for 2024

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Nippon Sharyo Reports Improved Financial Performance for 2024

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Nippon Sharyo ( (JP:7102) ) has provided an update.

Nippon Sharyo has reported a notable improvement in its financial performance for the nine months ending December 31, 2024, showing a 20.3% increase in net sales compared to the previous year. Despite a projected decrease in profits for the full fiscal year ending March 31, 2025, the company’s financial health remains stable, with an improved equity ratio and a planned increase in annual dividends, indicating a positive outlook for stakeholders.

More about Nippon Sharyo

Nippon Sharyo, Ltd. is a company listed on the Tokyo and Nagoya stock exchanges, known for its involvement in the manufacturing sector. The company is primarily engaged in producing railway vehicles and related equipment, contributing significantly to the transportation industry.

YTD Price Performance: 378.67%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $206.7M

Learn more about 7102 stock on TipRanks’ Stock Analysis page.

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