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An announcement from Meiwa Corporation ( (JP:8103) ) is now available.
Meiwa Corporation reported a 1.8% decline in net sales for the second quarter of the fiscal year ending March 2026, while income rose by 14.4%. The company experienced strong sales in Business Division 1, stable sales in Business Division 3, but sluggish performance in Business Division 2 and the Battery & Automotive Division. Despite market calm and foreign exchange losses, operating income increased due to high-margin product sales, aligning with forecasts for a net income of ¥3.0 billion and maintaining a projected dividend of ¥38 per share.
The most recent analyst rating on (JP:8103) stock is a Buy with a Yen1013.00 price target. To see the full list of analyst forecasts on Meiwa Corporation stock, see the JP:8103 Stock Forecast page.
More about Meiwa Corporation
Average Trading Volume: 159,960
Technical Sentiment Signal: Buy
Current Market Cap: Yen34.63B
Learn more about 8103 stock on TipRanks’ Stock Analysis page.