Hamamatsu Photonics Faces Financial Decline, Plans Stock Split

Hamamatsu Photonics KK (JP:6965) has released an update.

Hamamatsu Photonics K.K. reports a decline in financial performance for the nine months ending June 30, 2024, with reductions in net sales, operating profit, ordinary profit, and profit attributable to owners compared to the previous year. The company maintains a steady dividend forecast despite the downturn, with a planned 2-for-1 stock split coming up. Significant changes include the consolidation of ten new companies, such as NKT Photonics A/S, but no changes in accounting principles or estimates were reported.

For further insights into JP:6965 stock, check out TipRanks’ Stock Analysis page.