Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from Tsubaki Nakashima Co., Ltd ( (JP:6464) ) is now available.
Tsubaki Nakashima reported its consolidated financial results for the fiscal year ending December 31, 2024, indicating a slight decline in sales and a significant drop in operating profit. The company reclassified its ball screws and ball ways business as a discontinued operation, affecting key financial metrics. Despite a challenging year, Tsubaki Nakashima plans to distribute a higher dividend for the year 2024 compared to the previous year, reflecting a consideration of shareholder returns amidst financial restructuring.
More about Tsubaki Nakashima Co., Ltd
Tsubaki Nakashima Co., Ltd., listed on the Tokyo Stock Exchange, operates in the manufacturing sector, focusing on the production and sales of precision components such as ball bearings. The company engages with industries like automotive and machine tools, providing essential parts that contribute to the functionality and efficiency of various mechanical systems.
YTD Price Performance: -2.54%
Average Trading Volume: 397,886
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen18.67B
See more insights into 6464 stock on TipRanks’ Stock Analysis page.
