THK Faces Headwinds, Restructures for Growth
Update: 2025-11-11
Description
THK, a leading industrial equipment manufacturer, reported disappointing Q3 earnings, with a significant drop in industrial equipment division performance. Despite a yearly increase in consolidated orders, a 13% quarter-over-quarter decline indicates a recent slowdown. THK has revised its fiscal year outlook due to a slower semiconductor industry recovery and rising production costs. The company has also been restructuring, spinning off its American operations and establishing a new subsidiary in Thailand, signaling a strategic shift.
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