JINS HOLDINGS (JP:3046) has released an update.
JINS HOLDINGS Inc. reported higher-than-expected financial results for the fiscal year ended August 31, 2024, with net sales reaching ¥82,999 million due to strong performance in both domestic and overseas eyewear markets. The company also increased its year-end dividend forecast from ¥25 to ¥41 per share, reflecting its commitment to enhancing shareholder value. However, JINS recorded an extraordinary loss of ¥648 million due to impairment of non-current assets.
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