Nabtesco Corp

6268: XTKS (JPN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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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.

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