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Tsuzuki Denki Co., Ltd. ( (JP:8157) ) has issued an announcement.
Tsuzuki Denki Co., Ltd. reported a significant decline in its financial performance for the nine months ending December 31, 2024, with net sales dropping by 29.8% compared to the previous year. The company experienced decreases in operating and ordinary income, reflecting challenges in maintaining its market position amidst industry pressures. Despite these setbacks, the company forecasts a slight recovery in sales and profits for the full fiscal year ending March 31, 2025, suggesting strategic adjustments to improve financial stability.
More about Tsuzuki Denki Co., Ltd.
Tsuzuki Denki Co., Ltd. operates within the technology sector, with a primary focus on delivering advanced electrical and electronic solutions. The company is listed on the Tokyo Stock Exchange and focuses on expanding its technological innovations to cater to a diverse market.
YTD Price Performance: -0.32%
Average Trading Volume: 21,742
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen50B
See more data about 8157 stock on TipRanks’ Stock Analysis page.