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Suzumo Machinery Reports Sharp Decline in Interim Financial Results

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Suzumo Machinery Reports Sharp Decline in Interim Financial Results

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Suzumo Machinery Co., Ltd. ( (JP:6405) ) has provided an announcement.

Suzumo Machinery Co., Ltd. reported a significant decline in its financial performance for the first half of the fiscal year ending March 31, 2026, with net sales dropping by 11% and profits plummeting by over 90% compared to the previous year. The company also announced the exclusion of Japan System Project Co., Ltd. from its consolidation scope due to a merger, indicating a strategic shift in its operational structure.

The most recent analyst rating on (JP:6405) stock is a Hold with a Yen1340.00 price target. To see the full list of analyst forecasts on Suzumo Machinery Co., Ltd. stock, see the JP:6405 Stock Forecast page.

More about Suzumo Machinery Co., Ltd.

Suzumo Machinery Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily engaged in the manufacturing of machinery. The company is known for its innovative solutions in the food processing industry, focusing on products that enhance efficiency and quality in food production.

Average Trading Volume: 41,296

Technical Sentiment Signal: Sell

Current Market Cap: Yen13.84B

See more insights into 6405 stock on TipRanks’ Stock Analysis page.

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