Nippon Investment Bespoke Research UK Ltd

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Equity Bottom-Up

HIRANO TECSEED Co (Kinzoku) / Equity Bottom-Up

<ul><li>CAUTIOUS VIEW ON THE EV MARKET CONTINUES BUT THE FIRM COMMITS TO MID-TERM SHAREHOLDERS RETURN POLICY.</li><li>Hirano Tecseed maintained FY24 full-year guidance despite shortfall in FY24 1H operating profit vs the firm's forecast.</li></ul>

CAUTIOUS VIEW ON THE EV MARKET CONTINUES BUT THE FIRM COMMITS TO MID-TERM SHAREHOLDERS RETURN POLICY.Hirano Tecseed maintained FY24 full-year guidance despite shortfall in FY24 1H operating profit vs the firm's forecast.

Hirano Tecseed Co., Ltd. (6245 JP): Research Update

Japan

HIRANO TECSEED Co., Ltd. manufactures chemical engineering and textile machinery.  The Company's products include adhesive tape-making machines, magnetic tape laminators, floating dryers, carbon fiber manufacturing machines, and coating machines for textile, paper, and film manufacturers.

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HIRANO TECSEED Co (Kinzoku) (6245 JP)

Hirano Tecseed Co., Ltd. (6245 JP): Research Update

CAUTIOUS VIEW ON THE EV MARKET CONTINUES BUT THE FIRM COMMITS TO MID-TERM SHAREHOLDERS RETURN POLICY. Hirano Tecseed maintained FY24 full-year...

Nippon Investment Bespoke Research UK

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