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Shimano ( (JP:7309) ) has provided an announcement.
Shimano Inc. reported its consolidated financial results for the first quarter of FY2025, showing a 12.9% increase in net sales compared to the previous year, despite a significant decrease in net income attributable to owners of the parent by 58.7%. The company also announced a forecasted increase in dividends for FY2025, indicating a positive outlook for stakeholders despite challenges in ordinary income and net income performance.
More about Shimano
Shimano Inc. is a company listed on the Tokyo Stock Exchange, primarily operating in the manufacturing industry, known for producing cycling components, fishing tackle, and rowing equipment. The company focuses on providing high-quality products to the global market, catering to both professional and recreational users.
YTD Price Performance: 6.41%
Average Trading Volume: 1,187
Technical Sentiment Signal: Buy
Current Market Cap: $12.79B
For detailed information about 7309 stock, go to TipRanks’ Stock Analysis page.