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Nitta ( (JP:5186) ) has issued an announcement.
Nitta Corporation reported its consolidated financial results for the three months ended June 30, 2025, showing a slight decrease in net sales and a notable decline in both operating and ordinary income compared to the previous year. Despite maintaining a stable equity-to-asset ratio, the company experienced a significant drop in comprehensive income, indicating potential challenges in maintaining profitability. The forecast for the fiscal year ending March 31, 2026, suggests modest growth in net sales and operating income, though ordinary income and net income are expected to decline, reflecting a cautious outlook for the company’s financial performance.
More about Nitta
Nitta Corporation operates in the industrial sector, primarily focusing on the production and distribution of conveyor belts, hoses, and other industrial products. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in the industrial materials market.
Average Trading Volume: 27,345
Current Market Cap: Yen110.6B
Learn more about 5186 stock on TipRanks’ Stock Analysis page.