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Furuno Electric Boosts Financial Forecasts and Dividends Amid Strong Marine Demand

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Furuno Electric Boosts Financial Forecasts and Dividends Amid Strong Marine Demand

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The latest announcement is out from Furuno Electric Co., Ltd. ( (JP:6814) ).

Furuno Electric Co., Ltd. has revised its financial forecast for the fiscal year ending February 28, 2026, reflecting a significant increase in expected net sales and profits due to strong demand in the marine business and favorable foreign exchange rates. Additionally, the company announced an increase in its dividend forecast, highlighting its robust financial performance and commitment to returning value to shareholders.

The most recent analyst rating on (JP:6814) stock is a Buy with a Yen6300.00 price target. To see the full list of analyst forecasts on Furuno Electric Co., Ltd. stock, see the JP:6814 Stock Forecast page.

More about Furuno Electric Co., Ltd.

Furuno Electric Co., Ltd. operates in the marine electronics industry, providing navigation and communication equipment for merchant vessels. The company focuses on leveraging technology to enhance maritime safety and operational efficiency.

Average Trading Volume: 506,960

Technical Sentiment Signal: Buy

Current Market Cap: Yen229.9B

For a thorough assessment of 6814 stock, go to TipRanks’ Stock Analysis page.

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