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Shindengen Electric Mfg Co Ltd ( (JP:6844) ) has issued an update.
Shindengen Electric Manufacturing Co., Ltd. has revised its earnings forecast for the fiscal year ending March 2026, reflecting an optimistic outlook with increased net sales and profits. The upward revision is attributed to strong sales in the Power Unit Business, particularly in the ASEAN motorcycle market, and a favorable currency exchange rate. The company anticipates that the demand for telecommunications infrastructure will exceed initial expectations, positively impacting their financial results.
More about Shindengen Electric Mfg Co Ltd
Shindengen Electric Manufacturing Co., Ltd. operates in the electronics industry, focusing on power devices, power units, and power systems and solutions. The company is known for its products catering to the motorcycle market, particularly in the ASEAN region, and has a significant presence in telecommunications infrastructure.
Average Trading Volume: 53,868
Technical Sentiment Signal: Hold
Current Market Cap: Yen27.47B
For a thorough assessment of 6844 stock, go to TipRanks’ Stock Analysis page.