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Japan Cash Machine Co., Ltd. Reports Strong Financial Growth and Revised Earnings Forecast

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Japan Cash Machine Co., Ltd. Reports Strong Financial Growth and Revised Earnings Forecast

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The latest update is out from Japan Cash Machine Co., Ltd. ( (JP:6418) ).

Japan Cash Machine Co., Ltd. reported significant financial growth for the nine months ending December 31, 2024, with a 36.1% increase in net sales year-on-year, and a 143% rise in profit attributable to owners of the parent. The company’s equity-to-asset ratio improved to 63.0%, reflecting stronger financial health. The earnings forecast for the fiscal year ending March 31, 2025, has been revised upwards, indicating continued confidence in operational performance. This growth underscores the company’s solid positioning within the fintech industry and its potential to deliver increased shareholder value.

More about Japan Cash Machine Co., Ltd.

Japan Cash Machine Co., Ltd. operates in the financial technology industry, specializing in the development and manufacture of cash handling machines and systems. Their primary products include automated teller machines (ATMs) and currency validation equipment, with a market focus on enhancing cash handling efficiency and security.

YTD Price Performance: 12.85%

Average Trading Volume: 201,138

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen34.65B

Find detailed analytics on 6418 stock on TipRanks’ Stock Analysis page.

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