tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Taiyo Yuden Reports Q1 Earnings with Increased Operating Profit

Story Highlights
Taiyo Yuden Reports Q1 Earnings with Increased Operating Profit

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Taiyo Yuden Co., Ltd. ( (JP:6976) ) just unveiled an update.

Taiyo Yuden Co., Ltd. reported a 2% quarterly decrease in net sales for the first quarter of the fiscal year ending March 2026, totaling ¥84.8 billion. Despite this, the company achieved a 53% increase in operating profit, reaching ¥3.1 billion, due to improved capacity utilization. The company maintained its earnings forecast for the fiscal year, expecting net sales of ¥340.0 billion and a 53% year-over-year increase in operating profit to ¥16.0 billion.

The most recent analyst rating on (JP:6976) stock is a Buy with a Yen3600.00 price target. To see the full list of analyst forecasts on Taiyo Yuden Co., Ltd. stock, see the JP:6976 Stock Forecast page.

More about Taiyo Yuden Co., Ltd.

Average Trading Volume: 1,832,198

Technical Sentiment Signal: Hold

Current Market Cap: Yen358.4B

For an in-depth examination of 6976 stock, go to TipRanks’ Overview 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