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Press Kogyo Co., Ltd. ( (JP:7246) ) has provided an update.
Press Kogyo Co., Ltd. has revised its full-year consolidated financial forecast for the fiscal year ending March 31, 2025, anticipating higher net sales, operating profit, and ordinary profit than previously expected. This revision is attributed to factors such as favorable foreign currency translation, reduced production cutbacks in the U.S., and lowered production costs in Thailand. Despite these positive adjustments, the company maintains its dividend forecast, continuing its commitment to a total return ratio of 60% or more for its shareholders.
More about Press Kogyo Co., Ltd.
Press Kogyo Co., Ltd. operates within the automotive industry, focusing primarily on the manufacturing of automotive parts. The company is listed on the Tokyo Stock Exchange and aims to provide sustainable and stable dividends to its shareholders.
YTD Price Performance: 6.55%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €358.9M
For a thorough assessment of 7246 stock, go to TipRanks’ Stock Analysis page.