Azbil Corporation (JP:6845) has released an update.
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Azbil Corporation has announced an expected extraordinary income for the fiscal year ending March 31, 2025, due to the sale of its subsidiary Azbil Telstar, leading to a revised forecast of its financial results. The company now anticipates a higher net income attributable to owners, increasing by 9 billion yen to 37 billion yen, while maintaining its previous net sales forecast. This revision reflects the impact of Azbil Telstar’s exclusion from consolidation and ongoing profitability improvement initiatives.
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