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NexTone Inc ( (JP:7094) ) has provided an announcement.
NexTone Inc. has reported its consolidated financial results for the nine months ending December 31, 2024, with a significant increase in net sales of 63% compared to the same period in the previous year. Despite a decrease in comprehensive income by 21.8%, the company forecasts continued growth for the fiscal year ending March 31, 2025, with expected net sales of 20,000 million yen, indicating a nearly 49% increase. This financial performance highlights the company’s strong market position and potential optimistic growth trajectory, although dividend payments remain at zero, reflecting a cautious approach towards shareholder returns.
More about NexTone Inc
NexTone Inc. operates within the music and entertainment industry, focusing on music copyright management and related services. The company is listed on the Tokyo Stock Exchange and is recognized for its comprehensive solutions catering to the music rights management market.
YTD Price Performance: 8.89%
Average Trading Volume: 111,921
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen14.01B
See more data about 7094 stock on TipRanks’ Stock Analysis page.
