Namura Shipbuilding Co., Ltd.TSE: 7014

Namura Shipbuilding: Strong profit growth driven by yen weakness and robust shipbuilding orders

· Issued by Namura Shipbuilding Co., Ltd.

Revenue and profits surged year-over-year, led by new shipbuilding and yen depreciation, with strong order backlogs and high progress toward full-year targets. Guidance is unchanged, but management notes forex and other uncertainties.

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