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Roland Corporation ( (JP:7944) ) has shared an update.
Roland Corporation reported a decline in its financial performance for the fiscal year ending December 31, 2024, with net sales dropping by 2.9% and significant decreases in operating and ordinary profits. Despite the downturn, the company maintained a stable dividend payout, indicating a commitment to shareholder returns. The company anticipates a modest recovery in the upcoming fiscal year, projecting slight increases in net sales and profits, positioning itself for potential growth amidst challenging market conditions.
More about Roland Corporation
Roland Corporation operates in the music industry, specializing in the development and manufacturing of electronic musical instruments, equipment, and software. The company is renowned for its innovation and focus on high-quality sound production technology, serving a global market of musicians, recording artists, and audio professionals.
YTD Price Performance: -4.34%
Average Trading Volume: 42,928
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen104B
See more data about 7944 stock on TipRanks’ Stock Analysis page.
