Koito Manufacturing Co (JP:7276) has released an update.
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Koito Manufacturing Co. reported a decrease in profits for the first quarter of fiscal 2024, with profit attributable to owners of the parent dropping by 50% compared to the previous year. The company also announced a forecast for the full fiscal year, projecting a decrease in net sales and income. Despite the downturn, Koito has planned for a dividend payout, aiming for a total full-year dividend of 56 yen per share.
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