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An update from Nitto Kohki Co., Ltd. ( (JP:6151) ) is now available.
Nitto Kohki Co., Ltd. has revised its financial results and dividend forecasts for the fiscal year ending March 31, 2025, due to a decline in demand in the semiconductor and automotive industries. The company anticipates lower sales and profits, leading to a reduction in the year-end dividend forecast from 27 yen to 18 yen, and the annual dividend from 48 yen to 39 yen, as part of its strategy to maintain sustainable growth and stable returns for shareholders.
More about Nitto Kohki Co., Ltd.
Nitto Kohki Co., Ltd. operates in the manufacturing industry, specializing in products such as quick connect couplings and machine tools, with a market focus on the semiconductor and automotive sectors.
YTD Price Performance: -27.90%
Average Trading Volume: 13,460
Technical Sentiment Signal: Buy
Current Market Cap: Yen34.5B
For an in-depth examination of 6151 stock, go to TipRanks’ Stock Analysis page.