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An update from Topcon ( (JP:7732) ) is now available.
Topcon Corporation has revised its financial forecast for the fiscal year ending March 31, 2025, due to underperformance in its Positioning Business, impacted by IT agriculture investment restraints and declining ICT construction investments. The company plans to incur expenses for structural reforms in the fourth quarter to enhance profitability, while maintaining its dividend forecast.
More about Topcon
Topcon Corporation operates in industries related to eye care and positioning technology, offering products and services that address labor shortages and improve operational efficiencies. The company focuses on maximizing sales in its Positioning Business by promoting digital transformation solutions and maintains strong sales momentum in its Eye Care Business through new product launches and growth investments.
YTD Price Performance: -4.83%
Average Trading Volume: 239
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.02B
For an in-depth examination of 7732 stock, go to TipRanks’ Stock Analysis page.
