Harmonic Drive Systems Faces Earnings Dip

Harmonic Drive Systems (JP:6324) has released an update.

Harmonic Drive Systems Inc. reported a decrease in net sales and profits for the three-month period ending June 30, 2024, compared to the same period last year, with a comprehensive income decline of 33.4%. Despite current performance, the company forecasts an increase in net sales and a significant rise in ordinary profit for the full fiscal year ending March 31, 2025. No changes in dividend forecasts were reported, maintaining the previous year’s total dividend of 20.00 yen per share.

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