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Sanoh Industrial Co., Ltd. ( (JP:6584) ) has issued an update.
Sanoh Industrial Co., Ltd. reported a strong start to FY2025, driven by robust performance in Japan, the Americas, and Asia, despite challenges in Europe and China. The company is addressing tariff impacts in the Americas and expects continued one-time expenses. Strategic measures in Europe and China aim for recovery, while a recent acquisition in Mexico positions Sanoh for increased sales. The data center business is expanding, with new product developments and orders, aiming for significant growth by FY2030.
The most recent analyst rating on (JP:6584) stock is a Hold with a Yen1000.00 price target. To see the full list of analyst forecasts on Sanoh Industrial Co., Ltd. stock, see the JP:6584 Stock Forecast page.
More about Sanoh Industrial Co., Ltd.
Sanoh Industrial Co., Ltd. operates in the automotive industry, specializing in the production of automotive piping and engine-related parts. The company has a market focus on Japan, the Americas, and Asia, with a strategic emphasis on expanding its data center business.
Average Trading Volume: 284,009
Technical Sentiment Signal: Buy
Current Market Cap: Yen32.88B
For a thorough assessment of 6584 stock, go to TipRanks’ Stock Analysis page.