tiprankstipranks
Company Announcements

Yonex Co., Ltd. Reports Strong Financial Growth for Nine-Month Period Ending December 2024

Story Highlights
  • Yonex Co., Ltd. saw a 19.5% increase in net sales for the nine months ending December 2024.
  • Profit attributable to owners of the parent rose by 47.3%, indicating enhanced profitability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yonex Co., Ltd. Reports Strong Financial Growth for Nine-Month Period Ending December 2024

Yonex Co ( (JP:7906) ) has provided an update.

Yonex Co., Ltd. reported robust financial results for the nine months ending December 31, 2024, with net sales reaching 101,758 million yen, a 19.5% increase from the previous year. The company saw a significant rise in operating profit and ordinary profit, indicating strong operational performance. The company’s profit attributable to owners of the parent increased by 47.3%, suggesting enhanced profitability. These results underscore Yonex’s solid market positioning and potential positive implications for stakeholders.

More about Yonex Co

Yonex Co., Ltd. is a company listed on the Tokyo Stock Exchange, known for its expertise in the sporting goods industry. It primarily focuses on producing and selling equipment and apparel for sports such as badminton, tennis, and golf, catering to a global market of athletes and sports enthusiasts.

Average Trading Volume: 1,005

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.16B

Learn more about 7906 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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