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An announcement from Yamashin-Filter Corp. ( (JP:6240) ) is now available.
Yamashin-Filter Corp. has revised its earnings forecast for the fiscal year ending March 2025, reflecting an anticipated increase in net sales and operating profit from the Construction Machinery Filter segment, driven by a rise in demand for service parts despite a projected decline in new vehicle demand. Meanwhile, the Air Filter segment is expected to see a decrease in sales and operating profit due to reduced demand for HVAC system filters. Structural reforms and restructuring costs have also been factored into the forecast, with a minor impact on overall profit.
More about Yamashin-Filter Corp.
Yamashin-Filter Corp. operates in the manufacturing industry, specializing primarily in filters for construction machinery and air filtration systems. The company is focused on serving markets with high demand for construction vehicle service parts and building HVAC systems.
YTD Price Performance: 3.29%
Average Trading Volume: 1,518,184
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen47.07B
See more insights into 6240 stock on TipRanks’ Stock Analysis page.