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Shibuya Corporation Reports Decrease in Quarterly Profits Despite Sales Growth

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Shibuya Corporation Reports Decrease in Quarterly Profits Despite Sales Growth

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SHIBUYA KOGYO CO LTD ( (JP:6340) ) just unveiled an update.

Shibuya Corporation reported a decrease in profits for the first quarter of fiscal year 2026, despite an increase in net sales. The company’s operating profit, ordinary profit, and profit attributable to owners of the parent all saw significant declines compared to the previous year, indicating potential challenges in maintaining profitability. The financial forecast for the entire fiscal year anticipates modest growth in net sales but a continued decline in profits, suggesting ongoing operational and market pressures.

The most recent analyst rating on (JP:6340) stock is a Buy with a Yen3740.00 price target. To see the full list of analyst forecasts on SHIBUYA KOGYO CO LTD stock, see the JP:6340 Stock Forecast page.

More about SHIBUYA KOGYO CO LTD

Shibuya Corporation is a company listed on the Tokyo and Nagoya stock exchanges, operating in the manufacturing industry. The company is primarily focused on producing machinery and equipment, with a significant market presence in Japan.

Average Trading Volume: 35,151

Technical Sentiment Signal: Buy

Current Market Cap: Yen94.07B

Learn more about 6340 stock on TipRanks’ Stock Analysis page.

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