Ryoden Lowers Financial Forecast Amid Economic Challenges

Ryoden (JP:8084) has released an update.

Ryoden Corporation has revised its full-year financial forecast for the fiscal year ending March 31, 2025, citing delayed recovery in factory automation systems and ongoing challenges in the Chinese economy as primary reasons for the downward adjustment. Despite strong performance in cooling, heating, and in-vehicle electronics sectors, the company anticipates lower net sales and profits compared to previous predictions.

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