FINWIRES · TerminalLIVE
FINWIRES

Keyence's Full-Year Net Income Climbs 12%

-- Keyence's (TYO:6861) net income attributable to owners of the parent climbed 12% to 445.2 billion yen for the fiscal year ended March 20 from 398.7 billion yen a year earlier.

The factory automation equipment maker's basic earnings per share increased to 1,835.63 yen from 1,643.77 yen a year ago, according to a Tokyo bourse filing on Friday.

Net sales jumped 10% to 1.169 trillion yen from 1.059 trillion yen in the prior year.

Keyence plans to pay interim and year-end dividends of 275 yen per share, each, for the current fiscal year, which is higher than the amount paid in the year-ago period.

Related Articles

Australia

Truist Adjusts Price Target on Medpace to $462 From $539, Maintains Hold Rating

Medpace (MEDP) has an average rating of hold and mean price target of $457.45, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $391.52, Change: $-1.90, Percent Change: -0.48%

$MEDP
Australia

Truist Securities Adjusts Royal Caribbean Price Target to $318 From $327, Maintains Hold Rating

Royal Caribbean Group (RCL) has an average rating of overweight and mean price target of $350.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $259.80, Change: $-0.72, Percent Change: -0.28%

$RCL
Oil & Energy

EMEA Natural Gas Update: Futures Drop Amid Reports of Iran FM Visit of Pakistan

European natural gas futures were down on Friday, marking a reversal from earlier in the day, following reports that Iran's Foreign Minister Seyyed Abbas Araghchi was expected to arrive in Pakistan shortly.Front-month Dutch TTF contracts were down 0.46% to 44.29 euros ($51.86) per megawatt hour, while UK NBP futures dropped 0.63% to 110.19 British pence ($1.49) per therm. The benchmarks were set to end the week up by 14.08% and 13.35%, respectively, according to data from Trading Economics.Peace talks between the US and Iran could resume soon, with Araghchi set to arrive in Islamabad on Friday night, according to a Reuters report, citing three Pakistan-based sources.Two of the sources, placed within the Pakistani government, have also said that a US Logistics and Security team was already in place for the potential talks to take place, Reuters said.Meanwhile, there has been no confirmation regarding this from either Washington or Tehran, with US Defense Secretary Pete Hegseth only saying that Iran has "a chance to make a deal, a good deal, a wise deal," during a press briefing on Friday.The Strait of Hormuz continued to remain effectively closed for the eighth-straight week, with just five vessels transiting over the past 24 hours.Even in the likelihood of a peace deal, which sees the Strait reopen right away, analysts aren't optimistic about a quick return to normal.Michiel Engelaar, a Senior Finance Executive at Blue Water Strategy, warned that the "era of cheap, abundant, politically neutral gas is over," while pointing to the damage caused to Qatar's Ras Laffan LNG facility, the prolonged disruption in the Strait, and Europe's heavy dependence on US LNG supplies.All of this comes at a time when Europe is stepping into reinjection season, with significantly depleted inventories, at just 30.82% of capacity, compared to 37.54% during the corresponding period a year ago, according to Gas Infrastructure Europe.