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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.