TSE:6471Machinery
NSK (TSE:6471) Valuation in Focus After Guidance Upgrade and Subsidiary Consolidation Boost
NSK (TSE:6471) raised its full-year sales and profit outlook after reporting stronger automotive production, increased demand in China, tighter cost management, and currency tailwinds. The consolidation of NSK Steering & Control Co. also boosted reported earnings.
See our latest analysis for NSK.
NSK’s share price has surged recently, posting a remarkable 20% return over the past month and an impressive 35.9% gain year-to-date, as investors responded positively to robust guidance upgrades and...