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The latest announcement is out from Nitto Kohki Co., Ltd. ( (JP:6151) ).
Nitto Kohki Co., Ltd. is experiencing strong demand for its couplings used in AI data center cooling applications, driven by the growth of generative AI. The company is also expanding its product variations to meet this demand and aims to increase sales of its sliding door closers internationally. The company is halfway through its Medium-Term Management Plan 2026, with revised revenue and profit targets. While the final year targets are ambitious, discussions on their feasibility are ongoing, with specific measures to be announced in the future.
The most recent analyst rating on (JP:6151) stock is a Hold with a Yen1829.00 price target. To see the full list of analyst forecasts on Nitto Kohki Co., Ltd. stock, see the JP:6151 Stock Forecast page.
More about Nitto Kohki Co., Ltd.
Nitto Kohki Co., Ltd. operates in the industrial equipment sector, specializing in products such as couplings and sliding door closers. The company focuses on expanding its market presence globally, particularly in the data center cooling and door closer segments.
Average Trading Volume: 36,838
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen30.52B
See more data about 6151 stock on TipRanks’ Stock Analysis page.