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Nissei Plastic Reports Discrepancy in Earnings Forecast and Actual Results

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Nissei Plastic Reports Discrepancy in Earnings Forecast and Actual Results

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An announcement from Nissei Plastic Industrial Co., Ltd. ( (JP:6293) ) is now available.

Nissei Plastic Industrial Co., Ltd. reported a difference between its forecasted and actual earnings for the first half of the fiscal year ending March 31, 2025. While net sales exceeded expectations due to a recovery in the automotive and IT sectors, profits fell short due to errors in foreign exchange rate applications during financial closing operations, impacting operating, ordinary, and net income.

More about Nissei Plastic Industrial Co., Ltd.

Nissei Plastic Industrial Co., Ltd. operates in the manufacturing industry, focusing on the production of injection molding machines. The company serves sectors such as automotive and IT, providing essential components and machinery.

Average Trading Volume: 35,129

Technical Sentiment Signal: Sell

Current Market Cap: Yen16.93B

For an in-depth examination of 6293 stock, go to TipRanks’ Overview page.

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