Sanoh Industrial Co.,Ltd. [6584.T]
TOKYO, Apr 09 (Pulse News Wire) – Sanoh Industrial CO.,LTD. (6584.T) reported a decline in third-quarter profits due to tariff payment delays and supply chain issues in North and South America.
During individual meetings with institutional investors and analysts from February 10 to April 2, the company addressed concerns about the impact of tariffs and ongoing supply disruptions. While fourth-quarter recovery is anticipated, Sanoh expects continued but reduced carryover effects from delayed tariff payments.
Additionally, European operations showed signs of improvement through cost-cutting measures, while China's segment narrowed its losses amid restructuring efforts. The company remains cautious about achieving full-year forecasts but sees potential upside factors in the final quarter.
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