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Central Glass Co., Ltd. Revises FY2025 Financial Forecast Amid Market Challenges

Story Highlights
  • Central Glass Co., Ltd. exceeded first-half forecasts due to yen depreciation and sales growth.
  • The company revised its full-year forecast downward, citing competition in the battery sector.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Central Glass Co., Ltd. Revises FY2025 Financial Forecast Amid Market Challenges

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An announcement from Central Glass Co., Ltd. ( (JP:4044) ) is now available.

Central Glass Co., Ltd. reported that its financial results for the first half of FY2025 exceeded previous forecasts due to factors like yen depreciation and increased sales in certain product lines. However, the company revised its full-year forecast downward, anticipating challenges such as intensified competition in the lithium-ion battery sector, which may impact sales and profits.

The most recent analyst rating on (JP:4044) stock is a Hold with a Yen3311.00 price target. To see the full list of analyst forecasts on Central Glass Co., Ltd. stock, see the JP:4044 Stock Forecast page.

More about Central Glass Co., Ltd.

Central Glass Co., Ltd. operates in the glass manufacturing industry, focusing on products such as glass fibers for automotive applications and fertilizer products. The company is listed under the security code 4044 on the TSE Prime market.

Average Trading Volume: 56,373

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen80.16B

For detailed information about 4044 stock, go to TipRanks’ Stock Analysis page.

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