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The latest announcement is out from Yamato Holdings Co ( (JP:9064) ).
Yamato Holdings Co., Ltd. announced a revision to its financial forecast for the fiscal year ending March 31, 2025, with operating revenue expected to increase to 1.76 trillion yen. This upward revision reflects current economic conditions and the consolidation of Nakano Shokai Co., Ltd. into its operations. Despite unchanged operating profit projections due to higher operating expenses, ordinary profit is expected to rise due to gains from investment partnerships. Profit attributable to owners is also revised upward due to gains from the sale of investment securities, indicating potential positive implications for stakeholders.
More about Yamato Holdings Co
Yamato Holdings Co., Ltd. operates in the logistics and transportation industry, focusing on courier and delivery services. They are listed on the Tokyo Stock Exchange, Prime Market, and are known for their comprehensive logistics solutions.
YTD Price Performance: 8.34%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.1B
For detailed information about 9064 stock, go to TipRanks’ Stock Analysis page.