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Takamiya Revises Earnings Forecast Amid Project Delays and Investment Costs

Story Highlights
  • Takamiya Co., Ltd. revised its earnings forecast due to delays in major projects affecting revenue.
  • Investments in talent and digital transformation have not yet significantly improved productivity.
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Takamiya Revises Earnings Forecast Amid Project Delays and Investment Costs

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The latest update is out from Takamiya Co., Ltd. ( (JP:2445) ).

Takamiya Co., Ltd. has revised its earnings forecast for the fiscal year ending March 31, 2025, due to delays in major construction projects, such as the Hokkaido Shinkansen extension, which affected sales and rental revenues. The company has also invested in human capital and digital transformation, but these have not yet significantly boosted productivity. Cost management efforts were implemented to mitigate temporary cost increases due to the yen’s weakening and revised retirement benefits.

More about Takamiya Co., Ltd.

Takamiya Co., Ltd. is listed on the Tokyo Stock Exchange Prime Market and is led by Representative Director, President and Chairman Kazumasa Takamiya. The company operates in the construction industry, focusing on providing construction-related services and solutions.

YTD Price Performance: 2.20%

Average Trading Volume: 49,205

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen19.47B

See more data about 2445 stock on TipRanks’ Stock Analysis page.

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