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Nifco Inc. Reports FY2024 Financial Results and Strategic Subsidiary Changes

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An announcement from Nifco Inc. ( (JP:7988) ) is now available.

Nifco Inc. reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a decrease in net sales by 5% to 353,038 million yen, while operating profit increased by 12% to 49,200 million yen. The company also announced changes in its subsidiaries, with the exclusion of Nifco Germany GmbH and Nifco KTW America Corporation due to business transfers, indicating a strategic shift in its operational focus.

More about Nifco Inc.

Nifco Inc. operates in the industrial sector, specializing in the production of plastic parts and components, as well as bedding and furniture. The company is listed on the Prime Market and is known for its focus on innovation and quality in manufacturing.

Average Trading Volume: 247,068

Technical Sentiment Signal: Hold

Current Market Cap: Yen332.6B

See more insights into 7988 stock on TipRanks’ Stock Analysis page.

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