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TOKYO ROPE MFG. CO., LTD. ( (JP:5981) ) has shared an announcement.
Tokyo Rope MFG. CO., LTD. reported a decline in net sales and profits for the nine months ending December 31, 2024, compared to the previous year. Despite the decrease, the company anticipates a recovery with a forecasted increase in dividends and a stable financial position, reflecting cautious optimism for the fiscal year ending March 31, 2025.
More about TOKYO ROPE MFG. CO., LTD.
Tokyo Rope MFG. CO., LTD. operates in the manufacturing industry, focusing on the production of high-quality ropes and related materials. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in rope technology, serving a diverse range of markets.
YTD Price Performance: 3.14%
Average Trading Volume: 40,249
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen21.72B
Find detailed analytics on 5981 stock on TipRanks’ Stock Analysis page.
