TSE:7989Consumer Durables
Tachikawa (TSE:7989) Stock Slides Despite Firmer Margins And Steady Profit Growth
Tachikawa stock came into this earnings day already under pressure, with the share price down over the past week and quarter. Yet the latest numbers tell a calmer story than the price chart suggests. The key headline is profitability. Trailing net profit margin sits at 7.5%, slightly higher than a year ago, and earnings over the past year have grown faster than the longer term pace. The market appears focused on the recent price slide, while the core earnings profile and margin trend present...