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Hogy Medical Co. Reports Decline in Profits Despite Stable Sales

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Hogy Medical Co ( (JP:3593) ) just unveiled an update.

Hogy Medical Co., Ltd. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a slight increase in net sales by 0.1% to ¥39,138 million. However, the company experienced a significant decline in profits, with operating profit down by 8.6% and profit attributable to owners of the parent down by 45.8%. Despite these challenges, the company maintained its dividend payments and forecasts a recovery in profits for the next fiscal year, indicating a strategic focus on improving financial performance.

More about Hogy Medical Co

Hogy Medical Co., Ltd. is a company listed on the Prime Market of the Tokyo Stock Exchange. It operates in the medical industry, primarily focusing on the production and sale of medical supplies and equipment.

YTD Price Performance: 3.08%

Technical Sentiment Signal: Sell

Current Market Cap: $419.8M

For detailed information about 3593 stock, go to TipRanks’ Stock Analysis page.

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