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Exedy Corporation Revises Financial Forecasts and Increases Dividend
Company Announcements

Exedy Corporation Revises Financial Forecasts and Increases Dividend

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The latest announcement is out from Exedy Corporation ( (JP:7278) ).

Exedy Corporation announced revisions to its consolidated financial results forecast for the fiscal year ending March 31, 2025, reflecting an increase in operating profit and profit before tax due to lower-than-expected liquidation costs of its subsidiary, Exedy America Corporation. Additionally, the company has revised its year-end dividend forecast upwards, aligning with its policy of providing fair returns to shareholders and achieving an optimal capital structure, reflecting its improved financial outlook.

More about Exedy Corporation

Exedy Corporation operates within the automotive industry, primarily focusing on the production of clutches and torque converters for automobiles. The company is recognized for its emphasis on quality and technological advancements, catering to a global market with a strong presence in the automotive sector.

YTD Price Performance: 0.0%

Average Trading Volume: 50

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.26B

Learn more about 7278 stock on TipRanks’ Stock Analysis page.

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