tiprankstipranks
Trending News
More News >

Press Kogyo Lowers 2025 Financial Forecast Amid Demand Decline

Press Kogyo Lowers 2025 Financial Forecast Amid Demand Decline

Press Kogyo Co., Ltd. (JP:7246) has released an update.

Confident Investing Starts Here:

Press Kogyo Co., Ltd. has revised its financial forecast for the fiscal year ending March 31, 2025, lowering its estimates due to declining demand for vehicles and machinery. The company cites decreased demand for pick-up trucks in Thailand, inventory adjustments in the U.S., and reduced construction machinery demand in North America, Europe, and ASEAN regions as key factors. These adjustments reflect challenges in both domestic and international markets.

For further insights into JP:7246 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1