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Shindengen Electric Mfg Co Ltd ( (JP:6844) ) has issued an announcement.
Shindengen Electric Manufacturing Co., Ltd reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight increase in net sales by 3.5% to 105,830 million yen. However, the company faced significant challenges with a sharp decline in operating profit by 89.9% and a net loss attributable to owners of the parent amounting to 2,436 million yen. The company’s financial position weakened with a decrease in total assets and net assets. Despite these setbacks, the company forecasts a recovery in the fiscal year ending March 31, 2026, with expected increases in net sales and profits.
More about Shindengen Electric Mfg Co Ltd
Shindengen Electric Manufacturing Co., Ltd is a company listed on the Tokyo Stock Exchange, primarily involved in the electronics industry. The company focuses on manufacturing electric components and systems, catering to various market needs.
Average Trading Volume: 67,887
Technical Sentiment Signal: Sell
Current Market Cap: Yen21.86B
For detailed information about 6844 stock, go to TipRanks’ Stock Analysis page.