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Hirata Corporation Revises Earnings Forecast Amid Investment Delays

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Hirata Corporation Revises Earnings Forecast Amid Investment Delays

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Hirata ( (JP:6258) ) has provided an announcement.

Hirata Corporation has revised its earnings forecast for the fiscal year ending March 2025, citing delays in customer capital investment plans and postponed revenue recognition. The revised forecast shows a decrease in expected net sales and profits due to these delays and a decline in profit margins, impacting the company’s financial performance and market expectations.

More about Hirata

Hirata Corporation operates in the industrial automation sector, specializing in manufacturing and providing automatic labor-saving equipment. The company focuses on serving industries that require efficient automation solutions.

YTD Price Performance: 3.07%

Average Trading Volume: 20

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €355.8M

Find detailed analytics on 6258 stock on TipRanks’ Stock Analysis page.

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