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Yamashin-Filter Corp. ( (JP:6240) ) has provided an announcement.
Yamashin-Filter Corp. has revised its earnings forecast for the fiscal year ending March 2025, reflecting an increase in expected net sales and operating profit. This adjustment is driven by growth in the Construction Machinery Filter segment, where demand for replacement parts has surged, leading to higher sales of high-margin service parts. Despite restructuring costs in overseas subsidiaries, the company’s profit forecast remains stable. Conversely, the Air Filter segment is experiencing a decline due to reduced demand for HVAC system filters.
More about Yamashin-Filter Corp.
Yamashin-Filter Corp. operates in the manufacturing industry, focusing primarily on construction machinery filters and air filters. The company is listed on the Tokyo Stock Exchange and targets markets that demand high-quality filtration solutions, particularly in construction and HVAC systems.
YTD Price Performance: 3.29%
Average Trading Volume: 1,518,184
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen47.07B
Find detailed analytics on 6240 stock on TipRanks’ Stock Analysis page.