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The latest update is out from OMRON ( (JP:6645) ).
OMRON Corporation reported significant profit growth in FY2024 despite lower sales, attributed to improved margins and cost efficiency. The IAB segment showed moderate sales recovery and strong profit growth due to structural reforms, while SSB capitalized on growth opportunities. However, HCB and DMB faced challenges with declining sales and profits, particularly in China. The company remains optimistic about FY2025, aiming for higher sales and profits through structural reforms and increased R&D investment in IAB, despite uncertainties in U.S. tariff policies.
More about OMRON
OMRON Corporation operates in the technology and manufacturing industry, focusing on automation, healthcare, and electronic components. It is known for its industrial automation business (IAB), social systems solutions (SSB), healthcare business (HCB), and device and module solutions (DMB).
Average Trading Volume: 1,239,407
Technical Sentiment Signal: Sell
Current Market Cap: Yen853.7B
For detailed information about 6645 stock, go to TipRanks’ Stock Analysis page.