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Tokyo Steel Manufacturing Co ( (JP:5423) ) has provided an update.
Tokyo Steel Manufacturing Co., Ltd. reported a significant decline in its financial performance for the three months ending June 30, 2025, with net sales dropping by 21.4% and net income decreasing by 43.2% compared to the same period in the previous year. The company has also revised its financial forecast for the fiscal year ending March 31, 2026, anticipating continued challenges with a projected 10.2% decrease in net sales and a 48.1% drop in net income, reflecting ongoing difficulties in the steel market and fluctuations in raw material prices.
The most recent analyst rating on (JP:5423) stock is a Buy with a Yen2150.00 price target. To see the full list of analyst forecasts on Tokyo Steel Manufacturing Co stock, see the JP:5423 Stock Forecast page.
More about Tokyo Steel Manufacturing Co
Tokyo Steel Manufacturing Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the steel manufacturing industry. The company is known for producing a variety of steel products and focuses on the domestic and international steel markets.
Average Trading Volume: 328,298
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen183.4B
For a thorough assessment of 5423 stock, go to TipRanks’ Stock Analysis page.