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Daikin ( (JP:6367) ) has shared an update.
Daikin Industries reported a 10.1% increase in net sales for the nine months ending December 31, 2024, achieving 3,593,224 million yen. Despite this growth, the profit attributable to owners decreased by 3.7% to 186,712 million yen, reflecting challenges in maintaining profit margins amidst increased sales. The company also announced a significant dividend increase, commemorating its 100th anniversary, which may attract investor interest and strengthen its market position. The inclusion of eight new companies and the exclusion of four in its consolidation scope indicates a strategic realignment to optimize operations.
More about Daikin
Daikin Industries, Ltd. is a leading company in the air conditioning industry, primarily engaged in manufacturing and distributing air conditioning and refrigeration products. The company is listed on the Tokyo Stock Exchange and focuses on providing innovative climate control solutions globally.
YTD Price Performance: -7.32%
Average Trading Volume: 3,914
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $31.46B
Find detailed analytics on 6367 stock on TipRanks’ Stock Analysis page.
