ITO EN (JP:2593) has released an update.
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ITO EN, LTD. reports a dip in their financial performance for the first quarter of the fiscal year ending April 30, 2025, with net sales marginally increasing by 3.2% but seeing significant declines in operating income (-28.7%), ordinary income (-31.5%), and profit attributable to owners (-35.0%) compared to the previous year. Despite the downturn, the company forecasts a slight increase in sales and profit for the full fiscal year, with a projected earnings per share of 140.70 yen. The company’s total assets decreased slightly from the end of the last fiscal year, while its shareholders’ equity ratio remains strong at over 50%.
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