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ANEST IWATA Corp. ( (JP:6381) ) has provided an update.
ANEST IWATA Corporation has revised its full-year financial results forecasts and year-end dividend forecast for the fiscal year ending March 2025 due to challenging market conditions. The company expects lower consolidated results than initially forecasted, reflecting slower-than-anticipated recovery in the Chinese market, sluggish growth in India, and weak demand in Japan, alongside increased overseas expenses. As a result, the company has adjusted its year-end dividend from 28 yen to 23 yen per share to ensure stable dividend returns to shareholders.
More about ANEST IWATA Corp.
ANEST IWATA Corporation operates in the industrial manufacturing sector, specializing in the production of equipment such as air compressors, coating equipment, and vacuum pumps. The company primarily focuses on serving markets that require precise application technologies and industrial equipment solutions.
YTD Price Performance: -7.77%
Average Trading Volume: 50,157
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen52.89B
Learn more about 6381 stock on TipRanks’ Stock Analysis page.
