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Harmonic Drive Systems Revises Financial Forecast Upward Due to Asset Sale
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Harmonic Drive Systems Revises Financial Forecast Upward Due to Asset Sale

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Harmonic Drive Systems ( (JP:6324) ) has provided an announcement.

Harmonic Drive Systems Inc. announced a revision to its financial results forecast for the fiscal year ending March 31, 2025, due to the decision to sell investment securities, which is expected to result in extraordinary income. This revision reflects positively on the company’s financial outlook, as it anticipates posting a significant increase in profit attributable to owners of the parent compared to the previous forecast.

More about Harmonic Drive Systems

Harmonic Drive Systems Inc. operates in the manufacturing industry, primarily focusing on precision drive technology and motion control solutions. The company is known for its innovative products that cater to a variety of markets, including robotics, aerospace, and industrial automation.

YTD Price Performance: 27.43%

Average Trading Volume: 177

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $2.59B

Find detailed analytics on 6324 stock on TipRanks’ Stock Analysis page.

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