JTEKT (JP:6473) has released an update.
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JTEKT Corporation has revised its full-year financial forecasts, anticipating lower revenue and profits due to recent demand trends in the automotive industry. The company also announced an increase in its dividend per share, reflecting a new policy targeting a Dividend on Equity of 2-3%. This strategic adjustment aims to provide stable returns to shareholders despite the challenging market conditions.
For further insights into JP:6473 stock, check out TipRanks’ Stock Analysis page.
