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The latest update is out from KOMATSU MATERE Co., Ltd. ( (JP:3580) ).
KOMATSU MATERE Co., Ltd. announced an extraordinary loss of 1,232 million yen due to a significant decline in the value of its investment securities, impacting its second quarter financial results. Despite this, the company’s net sales, operating profit, and ordinary profit were generally in line with previous forecasts, but the profit attributable to owners of the parent fell short. The full-year earnings forecast has been revised, with a notable decrease in expected profit attributable to owners of the parent, although other performance metrics remain unchanged.
The most recent analyst rating on (JP:3580) stock is a Buy with a Yen960.00 price target. To see the full list of analyst forecasts on KOMATSU MATERE Co., Ltd. stock, see the JP:3580 Stock Forecast page.
More about KOMATSU MATERE Co., Ltd.
KOMATSU MATERE Co., Ltd. operates in the textile industry, focusing on manufacturing and supplying high-quality textile products. The company is listed on the TSE Prime Market and is led by President Daisuke Nakayama.
Average Trading Volume: 68,840
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen34.48B
For an in-depth examination of 3580 stock, go to TipRanks’ Overview page.