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Sumida Corporation ( (JP:6817) ) has shared an update.
Sumida Corporation reported a decline in its financial performance for the fiscal year 2024, with revenue dropping by 2.5% and profits significantly decreasing compared to the previous year. Despite the downturn, the company plans to maintain its dividend payout and has forecasted a stable revenue for 2025 while expecting a rebound in profits, which suggests efforts to stabilize and improve its financial position.
More about Sumida Corporation
Sumida Corporation is listed on the Tokyo Stock Exchange and specializes in manufacturing electronic components. The company focuses on serving the global market with its various products and services in the electronics industry.
YTD Price Performance: 3.61%
Average Trading Volume: 279,633
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen30.19B
For detailed information about 6817 stock, go to TipRanks’ Stock Analysis page.