tiprankstipranks
Tsubaki Nakashima Revises FY2024 Earnings and Dividends
Company Announcements

Tsubaki Nakashima Revises FY2024 Earnings and Dividends

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

Don't Miss Our Christmas Offers:

Tsubaki Nakashima Co., Ltd. has revised its earnings and dividends forecasts for FY2024, citing a slow recovery in European automobile production and global demand for industrial equipment and machine tools. The company now anticipates lower sales and profits, alongside increased inventory impairment losses and one-time expenses. Consequently, the year-end dividend forecast has been adjusted from 20.00 yen to 10.00 yen per share.

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