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TENMA Corporation Reports Financial Growth Amid Profit Challenges
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TENMA Corporation Reports Financial Growth Amid Profit Challenges

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TENMA ( (JP:7958) ) has shared an announcement.

TENMA Corporation reported a 7.4% increase in net sales for the nine months ending December 31, 2024, reaching ¥76,051 million. However, the ordinary profit fell by 33% to ¥2,045 million, highlighting challenges in maintaining profit margins. Despite this, the company forecasts a 7.6% increase in net sales and a 13.2% rise in profit attributable to owners for the fiscal year ending March 31, 2025. The acquisition of treasury shares has influenced the projected basic earnings per share.

More about TENMA

TENMA Corporation is a company listed on the Tokyo Stock Exchange, primarily involved in manufacturing and distributing various products. The company’s focus includes enhancing its market position and delivering consistent financial performance.

YTD Price Performance: -5.21%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $318M

For a thorough assessment of 7958 stock, go to TipRanks’ Stock Analysis page.

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