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Onoken Co., Ltd. ( (JP:7414) ) has provided an announcement.
Onoken Co., Ltd. announced a downward revision of its earnings forecast for the fiscal year ending March 31, 2026, due to weaker-than-expected market conditions and sluggish demand for steel products. The company reported a significant decrease in net sales and profits for the six months ended September 30, 2025, compared to its previous forecast. Despite the challenging business environment, Onoken plans to enhance its business performance by developing new bases and installing new processing equipment to secure sales volume and increase profits less affected by market fluctuations.
The most recent analyst rating on (JP:7414) stock is a Hold with a Yen1490.00 price target. To see the full list of analyst forecasts on Onoken Co., Ltd. stock, see the JP:7414 Stock Forecast page.
More about Onoken Co., Ltd.
Onoken Co., Ltd. operates in the steel products industry, focusing on the sales of steel products. The company is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange, and it is headquartered in Fukuoka, Japan.
Average Trading Volume: 58,375
Technical Sentiment Signal: Sell
Current Market Cap: Yen34.24B
For a thorough assessment of 7414 stock, go to TipRanks’ Stock Analysis page.