Japan Tissue Engineering Faces Q1 Earnings Decline

Japan Tissue Engineering Co., Ltd. (JP:7774) has released an update.

Japan Tissue Engineering Co., Ltd. reports a decline in financial performance in the first quarter of FY2024 with net sales down by 33.2% and a net loss of 211 million yen, contrasting the positive figures from the previous year. The company’s total assets decreased slightly, while the equity ratio improved to 88.5%. No dividends were paid in FY2023, and the same is forecasted for FY2024.

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