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Sumitomo Riko Company Limited ( (JP:5191) ) has provided an update.
Sumitomo Riko Company Limited reported a 2.3% increase in net sales for the second quarter of FY2025, driven primarily by growth in the automotive products segment, which saw a 3.0% increase in sales. Despite a decline in general industrial products, the company achieved a 12.6% rise in business profit, reflecting improved operational efficiency and strategic market positioning. The geographical segment analysis showed notable sales growth in Japan and the Americas, while Asia experienced a decline. The company’s financial performance indicates a strong recovery trajectory, with positive implications for stakeholders and a stable outlook for future growth.
The most recent analyst rating on (JP:5191) stock is a Buy with a Yen2458.00 price target. To see the full list of analyst forecasts on Sumitomo Riko Company Limited stock, see the JP:5191 Stock Forecast page.
More about Sumitomo Riko Company Limited
Sumitomo Riko Company Limited operates in the automotive and industrial sectors, primarily focusing on the production of automotive products and general industrial products. The company serves a global market with a significant presence in Japan, the Americas, Asia, and Europe.
Average Trading Volume: 145,714
Technical Sentiment Signal: Buy
Current Market Cap: Yen226.8B
Learn more about 5191 stock on TipRanks’ Stock Analysis page.