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Mitsubishi Pencil Company, Limited ( (JP:7976) ) has shared an announcement.
Mitsubishi Pencil Company has revised its earnings forecast for the fiscal year ending December 31, 2025, citing lower-than-expected net sales due to prolonged inventory adjustments in overseas markets, particularly in Europe. Despite a strong overall market, the company anticipates decreased operating profit due to reduced sales and increased expenses, including foreign exchange losses and extraordinary losses from store closures. The company remains committed to investing in brand initiatives for future growth.
More about Mitsubishi Pencil Company, Limited
Mitsubishi Pencil Company, Limited operates in the stationery industry, primarily focusing on the production and sale of writing instruments. The company is known for its diverse range of pens and pencils, catering to both domestic and international markets.
Average Trading Volume: 132,720
Technical Sentiment Signal: Hold
Current Market Cap: Yen110.5B
Find detailed analytics on 7976 stock on TipRanks’ Stock Analysis page.