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Shimano ( (JP:7309) ) has provided an announcement.
Shimano Inc. reported its consolidated financial results for the first nine months of FY2025, showing a 4.8% increase in net sales compared to the same period in FY2024. However, the company experienced significant declines in operating income, ordinary income, and net income attributable to owners of the parent, with decreases of 27.8%, 48.1%, and 61.0%, respectively. Despite these challenges, Shimano maintained a strong shareholders’ equity ratio of 91.9%. The company also announced a forecasted dividend increase for FY2025, reflecting a positive outlook despite current financial pressures.
The most recent analyst rating on (JP:7309) stock is a Buy with a Yen19506.00 price target. To see the full list of analyst forecasts on Shimano stock, see the JP:7309 Stock Forecast page.
More about Shimano
Shimano Inc. is a prominent company in the manufacturing industry, primarily known for its production of cycling components, fishing tackle, and rowing equipment. The company is listed on the Tokyo Stock Exchange and focuses on delivering high-quality products to meet the demands of outdoor sports enthusiasts globally.
Average Trading Volume: 474,854
Technical Sentiment Signal: Sell
Current Market Cap: Yen1562.4B
For an in-depth examination of 7309 stock, go to TipRanks’ Overview page.