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Japaniace Co. Reports Growth Amidst Profit Declines
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Japaniace Co. Reports Growth Amidst Profit Declines

Japaniace Co., Ltd. (JP:9558) has released an update.

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Japaniace Co., Ltd., a Tokyo Stock Exchange-listed company, reported a 14.4% increase in net sales to 8.297 billion yen for the third quarter of FY 2024, although operating and ordinary profits saw declines. Despite the slight decrease in profits, the company plans to increase its cash dividends forecast for the fiscal year-end to 48 yen per share. The financial position shows a slight decrease in net assets and shareholders’ equity ratio compared to the previous fiscal year-end.

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