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Tsubakimoto Chain Co. Reports Strong Financial Performance and Announces Stock Split

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Tsubakimoto Chain Co. Reports Strong Financial Performance and Announces Stock Split

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

Tsubakimoto Chain Co. reported its consolidated financial results for the nine months ending December 31, 2024, showing a significant increase in profit attributable to owners of the parent by 25% compared to the previous year. The company also announced a stock split, which will affect the calculation of dividends and earnings per share, reflecting its strategic efforts to enhance shareholder value.

More about Tsubakimoto Chain Co.

Tsubakimoto Chain Co. operates in the industrial manufacturing sector, focusing on the production of chains, power transmission components, and related equipment. The company is listed on the Tokyo Stock Exchange and is recognized for its innovative solutions in mechanical transmission systems, serving various industries globally.

YTD Price Performance: -1.71%

Average Trading Volume: 139

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.29B

See more insights into 6371 stock on TipRanks’ Stock Analysis page.

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