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Tsubakimoto Chain Co. Increases Earnings Forecast Amid Favorable Market Conditions

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Tsubakimoto Chain Co. Increases Earnings Forecast Amid Favorable Market Conditions

Tsubakimoto Chain Co. ( (JP:6371) ) has provided an announcement.

Tsubakimoto Chain Co. has revised its full-term consolidated results forecast for the fiscal year ending March 31, 2025, due to favorable conditions such as a weaker-than-expected yen and increased sales in its Mobility Business. The company anticipates higher net sales and income figures compared to previous forecasts, reflecting a positive outlook for its operations and market positioning, which may reassure stakeholders about its growth trajectory.

More about Tsubakimoto Chain Co.

Tsubakimoto Chain Co. operates in the manufacturing industry, specializing in chains and power transmission systems. The company is known for its focus on mobility solutions and serves various sectors requiring precision and durability in their chain products.

YTD Price Performance: -1.71%

Average Trading Volume: 139

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.29B

See more data about 6371 stock on TipRanks’ Stock Analysis page.

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