JAFCo Group Posts Strong Quarterly Growth

Jafco Co (JP:8595) has released an update.

JAFCo Group Co., Ltd. reported a robust financial performance for the quarter ending June 30, 2024, with net sales rising 7.3% and profits up 32.7% compared to the same period last year. The company’s equity ratio remained strong at 83.2%, and they have maintained a policy of dividend payments greater than 3% of shareholders’ equity or 50% of net income. Despite market fluctuations, JAFCo chooses to disclose quarterly financial results rather than provide full-year earnings forecasts.

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