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Hagiwara Electric Adjusts Financial Forecasts Amid Market Challenges

Hagiwara Electric Adjusts Financial Forecasts Amid Market Challenges

Hagiwara Electric Holdings Co (JP:7467) has released an update.

Hagiwara Electric Holdings Co. has revised its financial forecasts for the fiscal year ending March 2025, citing expected stagnation in demand due to inventory adjustments and production changes at major industrial and automobile-related clients. The company now anticipates lower net sales and profits compared to earlier projections, with earnings per share also decreasing.

For further insights into JP:7467 stock, check out TipRanks’ Stock Analysis page.

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