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Hirata Corporation Revises Earnings Forecast Amid Project Delays

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Hirata Corporation Revises Earnings Forecast Amid Project Delays

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An update from Hirata ( (JP:6258) ) is now available.

Hirata Corporation has revised its full-year earnings forecast for the fiscal year ending March 2025, citing delays in customer capital investments and postponed revenue recognition for certain projects. The updated forecast reflects an anticipated decrease in net sales and profits, attributed to insufficient sales to cover fixed costs and deteriorating cost ratios, impacting the company’s short-term financial performance and market positioning.

More about Hirata

Hirata Corporation operates within the automation industry, focusing primarily on the development and manufacturing of labor-saving equipment, which includes a wide range of automation solutions aimed at enhancing industrial productivity.

YTD Price Performance: 3.07%

Average Trading Volume: 20

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €355.8M

For detailed information about 6258 stock, go to TipRanks’ Stock Analysis page.

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