Torishima Pump Q3 Financial Results Show Mixed Performance

The latest announcement is out from Torishima Pump Mfg.Co., Ltd. ( (JP:6363) ).

Torishima Pump Mfg. Co., Ltd. reported its consolidated financial results for the third quarter ending December 31, 2024. The company saw an increase in net sales by 3.2% compared to the previous year, while operating income and ordinary income decreased significantly by 31.2% and 24.9% respectively. The net income attributable to owners of the parent increased by 5.8%. Despite the drop in comprehensive income, the company maintained its dividend forecast and expects net sales to grow by 8.5% for the fiscal year ending March 31, 2025. This financial performance reflects the company’s resilience in a challenging market environment, with implications for stakeholders regarding its future earnings potential.

More about Torishima Pump Mfg.Co., Ltd.

Torishima Pump Mfg. Co., Ltd. operates in the manufacturing industry, specializing in pumps. The company is listed on the Tokyo Stock Exchange and focuses on providing high-quality pumping solutions.

YTD Price Performance: -8.46%

Average Trading Volume: 81,293

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen57.91B

Learn more about 6363 stock on TipRanks’ Stock Analysis page.