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Amano Corporation Revises Earnings and Dividends Forecasts Upward

Story Highlights
  • Amano Corporation revises earnings forecasts due to strong Parking and Information Systems performance.
  • Amano increases year-end dividend forecast, emphasizing commitment to shareholder returns.
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Amano Corporation Revises Earnings and Dividends Forecasts Upward

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

For detailed information about 6436 stock, go to TipRanks’ Stock Analysis page.

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