Nabtesco Corp
6268: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|By% | LOCK|^TRN! | LOCK|?W^mnh |
Nabtesco Earnings: Carve-Out Lifts Margins, but Moat Cut to Narrow Amid Precision Reducer Headwinds
Nabtesco posted a 4.5% year-on-year increase in June-quarter sales, with its operating margin rising 3 percentage points to 6.1%. It also announced the sale of 70% of its hydraulic equipment business to Comer Industries for JPY 14.2 billion. Shares rose about 11% on the following trading day.
