Tsubakimoto Chain Co. (JP:6371) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Tsubakimoto Chain Co. reports a 7.3% year-on-year increase in net sales and a significant 98.1% jump in profit attributable to owners for the quarter ended June 30, 2024. The company has also announced a 3-for-1 stock split effective October 1, 2024, and forecasts a 240 yen annual dividend per share before the split. Their full-year outlook remains positive with an expected 18.6% increase in profit attributable to owners and a consolidated net income forecast of 626.57 yen per share at fiscal year-end.
For further insights into JP:6371 stock, check out TipRanks’ Stock Analysis page.