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Izawa Towel focuses on advancing ODM business operations
Izawa Towel <365A> expects its standalone operating profit for the fiscal year ending February 2027 to reach 825 million yen, up 42.1% from the previous fiscal year. The company plans an annual dividend of 42 yen (21 yen interim, 21 yen year-end), an increase of 2 yen from the previous year.
The company engages in the planning and sales of towel products. For this fiscal year, the company is committed to advancing its ODM (Original Design Manufacturing: undertaking the entire process from product design to manufacturing based on client requirements) business by leveraging its extensive knowledge and product development capabilities accumulated through business activities since its founding, as well as its high-quality production network. Additionally, the company aims to accelerate its market share expansion in the e-commerce sector, offline expansion to retail stores nationwide, and strengthen its global revenue base.
The stock price reached its year-to-date high of 783 yen on April 16th and has since paused its upward momentum. However, the 75-day moving average, which indicates the medium-term trend on the daily chart, remains in an upward trajectory, making pullbacks attractive buying opportunities. (Reference)
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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