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The latest announcement is out from Cota Co., Ltd. ( (JP:4923) ).
Cota Co., Ltd. reported its non-consolidated financial results for the nine months ended December 31, 2024. The company experienced a slight increase in net sales by 1.7% from the previous year, reaching ¥7,436 million. However, it faced declines in operating profit, ordinary profit, and net income, which decreased by 6.2%, 7.6%, and 8.6%, respectively. The company’s total assets slightly decreased, but there was an improvement in its capital adequacy ratio from 74.6% to 76.7%. The company confirmed that there is no change in the forecast for dividends and noted a revision in the financial results forecast for the fiscal year ending March 31, 2025. These results could indicate operational challenges and a potential impact on shareholder returns, although the improved capital adequacy might reassure some stakeholders about the company’s financial stability.
More about Cota Co., Ltd.
Cota Co., Ltd. is listed on the Tokyo Stock Exchange, and it operates in an unspecified industry, focusing on its core products and services.
YTD Price Performance: 0.55%
Average Trading Volume: 21,011
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen47.99B
Find detailed analytics on 4923 stock on TipRanks’ Stock Analysis page.
