Amano ( (JP:6436) ) just unveiled an update.
Amano Corporation has revised its earnings and dividends forecasts for the fiscal year ending March 31, 2025, due to strong performance in its Parking Systems and Information Systems businesses. The company anticipates higher net sales and profits, driven by increased demand from the introduction of new banknotes and post-COVID-19 recovery, as well as robust performance in overseas markets. Despite inflationary pressures on material and labor costs, Amano expects to exceed initial profit plans. Consequently, the company has increased its year-end dividend forecast, reflecting its commitment to shareholder returns.
More about Amano
Amano Corporation operates in the technology and manufacturing industry, focusing on parking systems and information systems. The company has a significant market presence in North America, Asia, and Europe, leveraging its expertise in these sectors to drive growth.
YTD Price Performance: 0.09%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2B
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