Advertisement
Advertisement

Showa Sangyo Reports Decline in Financials but Raises Dividend Forecast

Story Highlights
Showa Sangyo Reports Decline in Financials but Raises Dividend Forecast

Meet Your ETF AI Analyst

Showa Sangyo Co., Ltd. ( (JP:2004) ) just unveiled an announcement.

Showa Sangyo Co., Ltd. reported a decline in its consolidated financial results for the nine months ending December 31, 2024, with net sales dropping by 3.7% and operating profit declining by 13.9% compared to the previous year. Despite this, the company announced an increase in cash dividends for the fiscal year ending March 31, 2025, reflecting a positive outlook on shareholder returns amidst challenging market conditions.

More about Showa Sangyo Co., Ltd.

Showa Sangyo Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the food industry. It focuses on producing and distributing a variety of food products, aiming to cater to diverse market needs.

YTD Price Performance: -3.84%

Average Trading Volume: 36,686

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen88.43B

Learn more about 2004 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1