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Tsubakimoto Chain Co. Reports Growth in Nine-Month Financial Results and Revises Forecast

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Tsubakimoto Chain Co. Reports Growth in Nine-Month Financial Results and Revises Forecast

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

Tsubakimoto Chain Co. reported its consolidated financial results for the nine months ended December 31, 2024, showing a year-on-year increase in net sales by 5%, operating profit by 10.5%, and profit attributable to owners of the parent by 25%. The company has also revised its financial forecast for the fiscal year ending March 31, 2025, with expectations of continued growth in net sales and profits. Additionally, a stock split was implemented on October 1, 2024, affecting earnings per share calculations.

More about Tsubakimoto Chain Co.

Tsubakimoto Chain Co. is a company listed on the Tokyo Stock Exchange, primarily operating in the manufacturing industry. The company specializes in producing chains, power transmission products, and related solutions, serving various industrial sectors.

YTD Price Performance: -1.71%

Average Trading Volume: 139

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.29B

For a thorough assessment of 6371 stock, go to TipRanks’ Stock Analysis page.

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