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Sumitomo Forestry Co., Ltd.
Sumitomo Forestry Stock Hits Day Low Amid Price Pressure, Closes at JPY 1,653.00
Sumitomo Forestry Co., Ltd. saw a notable stock decline today, contrasting with the Japan Nikkei 225's modest decrease. Over the past month and year, the company has underperformed significantly compared to the index, despite a strong three-year return. Rising raw material costs and declining profit growth have impacted its performance.
Sumitomo Forestry Hits Day Low at JPY 1,623.50 Amid Price Pressure
Sumitomo Forestry Co., Ltd. saw a notable decline in its stock price, contrasting with the broader market's performance. Over the past year, the company has significantly underperformed, with a substantial drop in stock value. Despite this, it maintains strong management efficiency but faces challenges due to a high debt-to-equity ratio.
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