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The latest announcement is out from Sumitomo Rubber Industries ( (JP:5110) ).
Sumitomo Rubber Industries reported a decline in its financial performance for the first quarter of 2025, with sales revenue decreasing by 1.2% and operating profit dropping by 40.5% compared to the previous year. The company also revised its financial forecast for the full year, expecting a slight increase in sales revenue but a significant improvement in operating profit, indicating a strategic focus on enhancing profitability despite current challenges.
The most recent analyst rating on (JP:5110) stock is a Buy with a Yen2100.00 price target. To see the full list of analyst forecasts on Sumitomo Rubber Industries stock, see the JP:5110 Stock Forecast page.
More about Sumitomo Rubber Industries
Sumitomo Rubber Industries, Ltd. is a company listed on the Tokyo Stock Exchange, primarily engaged in the manufacturing and sale of rubber products. The company focuses on producing tires and other rubber-related products, serving a global market with a significant presence in the automotive industry.
Average Trading Volume: 1,872,684
Technical Sentiment Signal: Buy
Current Market Cap: Yen508B
For an in-depth examination of 5110 stock, go to TipRanks’ Stock Analysis page.