Mitsuba's stock price is falling significantly.
For the fiscal year ending March 2025, the operating profit is expected to decrease by 28.4% compared to the previous year to 16 billion yen, but I think it's not a sell-off and the cash flow situation is not bad.
(Consolidated) Full-year cash flows from operating activities 415.9 billion, cash flows from investing activities -52.41 billion, cash flows from financing activities -137.93 billion.
Looking at other fundamentals, it's not bad.
Even though the reality is declining, it's not a push to sell.
I think they were expecting a significant increase in dividends with the highest profit estimate.
But no one expected such a meager dividends.
It seems to be overturning the basic policy of the corporation.
It was a chance to increase pb ratio, but lost credibility from the market.
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