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Star Micronics Revises Financial Forecasts Amid Market Challenges
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Star Micronics Revises Financial Forecasts Amid Market Challenges

Star Micronics Co., Ltd (JP:7718) has released an update.

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Star Micronics revises its full-year financial forecasts, anticipating a decline in sales and profits due to slower recovery in the Chinese market and delays in other regions. The company expects net sales to fall by 7.6% to 62.8 billion yen and net income to drop by 51.4% to 1.8 billion yen. Despite these challenges, the U.S. market for Special Products shows signs of recovery.

For further insights into JP:7718 stock, check out TipRanks’ Stock Analysis page.

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