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NS Tool Co., Ltd. ( (JP:6157) ) has issued an update.
NS Tool Co., Ltd. reported consolidated business results for the nine months ending December 2024, highlighting a 4.3% increase in net sales to 7,042 million yen compared to the previous period. Despite this, operating profit, ordinary profit, and profit attributable to owners of the parent saw decreases of 3.8%, 4.3%, and 1.1% respectively, indicating challenges in maintaining profitability amid growing sales. The company maintained a strong equity-to-asset ratio of 92.3% as of December 2024. The forecast for the fiscal year ending March 2025 projects a 4.3% rise in net sales to 9,430 million yen but anticipates declines in operating and ordinary profit by 7.4% and 8.8% respectively. These results may impact stakeholder confidence and suggest a period of strategic adjustments for NS Tool Co., Ltd. to enhance profitability and market competitiveness.
More about NS Tool Co., Ltd.
NS Tool Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating within the manufacturing industry with a focus on producing precision cutting tools. The company primarily serves sectors requiring high precision and efficiency in machining processes.
YTD Price Performance: -2.63%
Average Trading Volume: 24,188
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen18.47B
See more data about 6157 stock on TipRanks’ Stock Analysis page.