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Nitto Seiko Co., Ltd. ( (JP:5957) ) has provided an update.
Nitto Seiko Co., Ltd. reported an 8.0% increase in net sales for the first quarter of fiscal year 2025, driven by strong demand for precision screws in new game consoles and automotive applications. Despite improved profitability in certain segments, overall profit declined by 17.5% due to M&A-related expenses in India, impacting the company’s financial performance.
More about Nitto Seiko Co., Ltd.
Nitto Seiko Co., Ltd. operates in the manufacturing industry, focusing on precision screws, screw driving machines, and analyzers for chemical and pharmaceutical applications. The company has a market focus on automotive, office automation, and home appliance sectors, with significant operations in Japan, Malaysia, China, and Europe.
Average Trading Volume: 65,450
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen21.5B
For an in-depth examination of 5957 stock, go to TipRanks’ Stock Analysis page.