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Hokuto Corporation Raises Financial and Dividend Forecasts for FY 2025

Story Highlights
  • Hokuto revised its financial forecasts, projecting higher profits due to strong mushroom prices.
  • The company increased its year-end dividend forecast, reflecting robust financial performance.
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Hokuto Corporation Raises Financial and Dividend Forecasts for FY 2025

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Hokuto Corporation ( (JP:1379) ) has provided an announcement.

Hokuto Corporation has revised its financial forecasts for the fiscal year ending March 31, 2025, projecting significant increases in net sales, operating profit, ordinary profit, and profit attributable to owners of the parent, driven by higher mushroom prices and lower manufacturing costs. Additionally, the company updated its dividend forecast, increasing the year-end dividend per share from previous estimates, reflecting its strong financial performance.

More about Hokuto Corporation

Hokuto Corporation operates in the food industry, primarily focusing on the production and sale of mushrooms in Japan. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its strong market presence in the mushroom business.

YTD Price Performance: 1.05%

Average Trading Volume: 75,137

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen57.42B

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