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Torishima Pump Mfg.Co., Ltd. ( (JP:6363) ) has provided an update.
Torishima Pump Mfg. Co., Ltd. announced a revision to its full-year consolidated earnings forecast for the fiscal year ending March 2026. Despite achieving record-high net sales and exceeding last year’s profits in the first half of the fiscal year, the company adjusted its profit forecasts downward due to anticipated delayed impacts of cost-reduction initiatives. This revision suggests a cautious outlook for stakeholders, as the expected profits will fall short of initial forecasts, although they will surpass last year’s results.
The most recent analyst rating on (JP:6363) stock is a Hold with a Yen2251.00 price target. To see the full list of analyst forecasts on Torishima Pump Mfg.Co., Ltd. stock, see the JP:6363 Stock Forecast page.
More about Torishima Pump Mfg.Co., Ltd.
Torishima Pump Mfg. Co., Ltd. operates in the manufacturing industry, specializing in the production of pumps. The company focuses on providing high-quality pumping solutions and has a significant presence in the market.
Average Trading Volume: 95,462
Technical Sentiment Signal: Hold
Current Market Cap: Yen53.92B
Learn more about 6363 stock on TipRanks’ Stock Analysis page.