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Ryoden ( (JP:8084) ) has provided an update.
Ryoden Corporation has revised its financial forecasts for the fiscal year ending March 2026, reflecting improved profitability in its core cooling and heating/building systems business and a successful turnaround in its X-Tech segment. Despite a decrease in expected net sales due to uncertainties in the industrial equipment market, the company anticipates higher interim and full-year profits attributable to extraordinary gains from the sale of cross-shareholdings.
The most recent analyst rating on (JP:8084) stock is a Hold with a Yen3213.00 price target. To see the full list of analyst forecasts on Ryoden stock, see the JP:8084 Stock Forecast page.
More about Ryoden
Ryoden Corporation operates primarily in the cooling and heating/building systems industry, with a focus on enhancing profitability in these core areas. The company also engages in the in-vehicle electronics market and solution business in Taiwan, and has a segment known as X-Tech.
YTD Price Performance: 31.52%
Average Trading Volume: 23,468
Technical Sentiment Signal: Buy
Current Market Cap: Yen63.91B
Learn more about 8084 stock on TipRanks’ Stock Analysis page.