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Satori Electric Co., Ltd. ( (JP:7420) ) just unveiled an announcement.
Satori Electric Co., Ltd. announced its consolidated financial results for the six months ended November 30, 2024, reporting a modest increase in net sales by 4.9% compared to the previous year. However, the company experienced declines in operating profit, ordinary profit, and profit attributable to owners, indicating potential challenges in managing costs or market pressures. Despite these setbacks, Satori has maintained its dividend forecast for the fiscal year ending May 31, 2025, signaling confidence in its long-term strategy and commitment to shareholder returns.
More about Satori Electric Co., Ltd.
Satori Electric Co., Ltd. operates in the electronics industry and is listed on the Tokyo Stock Exchange. The company is involved in the distribution and sales of electronic components and related products, focusing on providing solutions to various sectors dependent on electronic technologies.
YTD Price Performance: -0.06%
Average Trading Volume: 63,398
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen28.83B
For detailed information about 7420 stock, go to TipRanks’ Stock Analysis page.