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Japan Eyewear Holdings Revises Earnings and Dividend Forecasts Upward

Story Highlights
  • Japan Eyewear Holdings revises its earnings forecast upward, driven by strong sales.
  • The company increases its dividend forecast, reflecting stable payout policy and growth.
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Japan Eyewear Holdings Revises Earnings and Dividend Forecasts Upward

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An announcement from Japan Eyewear Holdings Co.,Ltd. ( (JP:5889) ) is now available.

Japan Eyewear Holdings Co., Ltd. has announced a revision of its full-year consolidated earnings and dividend forecast for the fiscal year ending January 2025. The company has increased its revenue forecast and operating profit expectations due to strong sales driven by robust inbound tourism. Consequently, the dividend per share has been revised upward in alignment with their policy of maintaining stable payouts while securing reserves for future expansion.

More about Japan Eyewear Holdings Co.,Ltd.

Japan Eyewear Holdings Co., Ltd. operates in the eyewear industry, focusing on the production and sale of eyeglasses and related accessories. The company is known for its emphasis on quality and design, catering to a diverse market that includes both domestic and international consumers.

YTD Price Performance: -3.60%

Average Trading Volume: 262,998

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: Yen55.31B

For a thorough assessment of 5889 stock, go to TipRanks’ Stock Analysis page.

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