Axial Retailing, Inc. (JP:8255) has released an update.
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Axial Retailing Inc. reported a slight increase in net sales by 4.3% to 66,522 million yen in the first quarter of FY2025, despite decreases in operating profit, ordinary profit, and profit attributable to owners of parent compared to the same period last year. The company’s earnings per share dropped slightly to 20.69 yen, and they announced a projected annual dividend of 25.00 yen per share after a four-for-one stock split. No significant changes in consolidation scope or accounting policies impacting the current financial statements were noted, except the adoption of the revised ‘Accounting Standard for Current Income Taxes’.
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