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Noritz ( (JP:5943) ) has provided an update.
Noritz Corporation reported a strong start to 2025, with significant increases in net sales and income despite challenges in the Chinese market and global economic uncertainties. The company is in the second year of its Medium-Term Management Plan ‘V-plan 26,’ aiming for sustainable growth by enhancing its domestic product offerings and restructuring overseas operations, particularly in North America and China.
The most recent analyst rating on (JP:5943) stock is a Sell with a Yen1550.00 price target. To see the full list of analyst forecasts on Noritz stock, see the JP:5943 Stock Forecast page.
More about Noritz
Noritz Corporation operates in the water heater industry, focusing on residential and commercial water heaters, kitchen appliances, and related products. The company is working to diversify its market presence beyond Japan, particularly in North America and Australia, while reducing reliance on the Chinese market.
Average Trading Volume: 100,070
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen77.85B
For detailed information about 5943 stock, go to TipRanks’ Stock Analysis page.