Shibaura Mechatronics Corp. (JP:6590) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Shibaura Mechatronics Corp. reports a robust financial performance for the first quarter ending June 30, 2024, with net sales up by 20.2% and a 27.5% increase in net income attributable to owners. The company’s equity-to-asset ratio stood at 45.7%, with a forecasted full-year net income growth of 0.1%. Additionally, a year-end cash dividend forecast of 235 yen per share has been announced following a 3-for-1 stock split conducted previously.
For further insights into JP:6590 stock, check out TipRanks’ Stock Analysis page.