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Tamura Corporation Reports Increased Net Sales Amid Accounting Changes

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Tamura Corporation Reports Increased Net Sales Amid Accounting Changes

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Tamura Corporation ( (JP:6768) ) has provided an update.

Tamura Corporation reported consolidated financial results for the nine months ending December 31, 2024, demonstrating a 4.7% increase in net sales compared to the previous year, although operating profit saw a 1.6% decrease. The company announced changes in accounting policy regarding deferred hedge accounting, effective from the first quarter of the fiscal year, which is not expected to significantly impact prior periods. Despite these changes, Tamura is forecasting a 5.0% increase in net sales for the full fiscal year ending March 31, 2025.

More about Tamura Corporation

Tamura Corporation is a company listed on the Tokyo Stock Exchange, primarily involved in industries related to electronic components and materials. The company’s market focus includes providing various electronic products and solutions.

YTD Price Performance: 27.33%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €328.5M

Learn more about 6768 stock on TipRanks’ Stock Analysis page.

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