tiprankstipranks
Tsubaki Nakashima Reports Mixed Financial Results Amid Operational Changes
Company Announcements

Tsubaki Nakashima Reports Mixed Financial Results Amid Operational Changes

Tsubaki Nakashima Co., Ltd (JP:6464) has released an update.

Don't Miss our Black Friday Offers:

Tsubaki Nakashima Co., Ltd. reported a modest increase in sales for the nine months ended September 30, 2024, but faced significant declines in operating profit and net profit compared to the previous year. The company has revised its forecasts due to the classification of certain operations as discontinued, reflecting a challenging financial outlook. Despite these challenges, Tsubaki Nakashima remains listed on the Tokyo Stock Exchange and continues to provide strategic financial updates to its investors.

For further insights into JP:6464 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App