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Onoken Co., Ltd. Reports Decline in Financial Performance for 2024

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Onoken Co., Ltd. Reports Decline in Financial Performance for 2024

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Onoken Co., Ltd. ( (JP:7414) ) has shared an announcement.

Onoken Co., Ltd. reported a decline in its financial performance for the nine months ending December 31, 2024, with net sales decreasing by 3.1% and operating profit falling by 16.7% compared to the previous year. The company’s financial forecast for the full year 2024 indicates a marginal increase in net sales but a significant drop in operating profit, reflecting ongoing challenges in its market positioning.

More about Onoken Co., Ltd.

Onoken Co., Ltd. is a company listed on the Tokyo and Fukuoka Stock Exchanges, operating in the industry with a focus on providing products and services relevant to its market. The company is led by President Ken Ono and is known for its financial operations and market presence.

YTD Price Performance: -2.66%

Average Trading Volume: 49,689

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen37.5B

See more insights into 7414 stock on TipRanks’ Stock Analysis page.

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