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Tokyo Energy & Systems Inc. Ups Profit Forecast Amid Cost Reductions

Story Highlights
  • Tokyo Energy & Systems Inc. revises its financial forecast, expecting higher profits.
  • Profit increase driven by cost reductions and gains from derivatives and retirement benefits.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tokyo Energy & Systems Inc. Ups Profit Forecast Amid Cost Reductions

Confident Investing Starts Here:

Tokyo Energy & Systems Inc. ( (JP:1945) ) has shared an announcement.

Tokyo Energy & Systems Inc. has revised its financial forecast for the fiscal year ending March 31, 2025, projecting a significant increase in profits despite a slight decrease in net sales. The improved profit outlook is attributed to reduced expenses, actuarial gains from retirement benefit accounting, and gains from derivative valuations due to exchange rate fluctuations, indicating a strategic focus on cost management and financial optimization.

More about Tokyo Energy & Systems Inc.

Tokyo Energy & Systems Inc. operates in the energy sector, focusing on providing comprehensive energy solutions and systems. The company is listed on the Tokyo Stock Exchange Prime and is known for its expertise in energy management and infrastructure services.

YTD Price Performance: -4.56%

Average Trading Volume: 35,691

Technical Sentiment Signal: Buy

Current Market Cap: Yen32.91B

Learn more about 1945 stock on TipRanks’ Stock Analysis page.

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