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Osaki Electric Revises FY2025 Financial Forecasts Amid Mixed Sales Performance

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Osaki Electric Revises FY2025 Financial Forecasts Amid Mixed Sales Performance

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Osaki Electric Co., Ltd. ( (JP:6644) ) has shared an update.

Osaki Electric Co., Ltd. has revised its financial forecasts for the first half of FY2025, expecting lower net sales due to postponed smart meter sales and weaker-than-expected smart lock sales in Japan. However, the company anticipates higher profits from improved profit margins in its Smart Meters & Solutions business and increased gains from strategic shareholdings sales.

The most recent analyst rating on (JP:6644) stock is a Buy with a Yen1332.00 price target. To see the full list of analyst forecasts on Osaki Electric Co., Ltd. stock, see the JP:6644 Stock Forecast page.

More about Osaki Electric Co., Ltd.

Osaki Electric Co., Ltd. operates in the electronics industry, focusing on the production and sale of smart meters and related solutions. The company is primarily active in the Japanese market, where it provides advanced metering infrastructure and smart lock solutions.

Average Trading Volume: 265,347

Technical Sentiment Signal: Buy

Current Market Cap: Yen58.96B

Learn more about 6644 stock on TipRanks’ Stock Analysis page.

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