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Nissei Plastic Reports Discrepancy in Q2 Earnings Forecast

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Nissei Plastic Reports Discrepancy in Q2 Earnings Forecast

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Nissei Plastic Industrial Co., Ltd. ( (JP:6293) ) has shared an update.

Nissei Plastic Industrial Co., Ltd. announced a discrepancy between its earnings forecast and actual results for the second quarter of the fiscal year ending March 31, 2026. Despite exceeding net sales forecasts due to a recovery in demand for injection molding machines, the company faced a decline in operating and ordinary profit due to increased manufacturing costs and decreased inventories, impacting the profit attributable to owners of the parent.

The most recent analyst rating on (JP:6293) stock is a Hold with a Yen843.00 price target. To see the full list of analyst forecasts on Nissei Plastic Industrial Co., Ltd. stock, see the JP:6293 Stock Forecast page.

More about Nissei Plastic Industrial Co., Ltd.

Nissei Plastic Industrial Co., Ltd. operates in the manufacturing industry, focusing primarily on the production of injection molding machines. The company serves various sectors, including automotive and IT, and is listed on the TSE Prime and NSE Premier markets.

Average Trading Volume: 28,739

Technical Sentiment Signal: Sell

Current Market Cap: Yen16.73B

For a thorough assessment of 6293 stock, go to TipRanks’ Stock Analysis page.

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