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Seika Corporation Ups Financial Targets Amid Strong Performance

Story Highlights
  • Seika Corporation revises financial targets upward for its long-term and medium-term plans.
  • Improved earnings and subsidiary performance lead Seika to achieve targets ahead of schedule.
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Seika Corporation Ups Financial Targets Amid Strong Performance

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Seika Corporation ( (JP:8061) ) has shared an update.

Seika Corporation has revised its financial targets upward for both its Long-Term Management Vision ‘VIORB 2030’ and its Medium-Term Management Plan. The revisions come as a result of improved earning capacity and strong performance from its subsidiaries, leading to the achievement of initial targets ahead of schedule. The company aims for further growth and intends to announce specific initiatives to achieve these new targets in the next fiscal year.

More about Seika Corporation

Seika Corporation operates in the thermal and nuclear power industry, primarily serving as a distributor for Mitsubishi Heavy Industries. Its focus is on enhancing its earning capacity and expanding its business operations.

YTD Price Performance: -4.74%

Average Trading Volume: 104,589

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen52.96B

For detailed information about 8061 stock, go to TipRanks’ Stock Analysis page.

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