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Kojima Co., Ltd. Reports Strong Q3 Performance with Significant Profit Growth
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Kojima Co., Ltd. Reports Strong Q3 Performance with Significant Profit Growth

Story Highlights
  • Kojima Co., Ltd. saw a 3.9% rise in net sales and significant profit growth.
  • The company expects increased dividends by fiscal year-end, reflecting optimistic future prospects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Kojima Co., Ltd. ( (JP:7513) ) has issued an announcement.

Kojima Co., Ltd. reported notable improvements in its financial performance for the three months ending November 30, 2024, with net sales increasing by 3.9% year-on-year. Operating profit surged by 163.9%, and ordinary profit rose by 141.1%, indicating a strong recovery from the previous year’s downturn. The company maintains a solid equity ratio of 57.3%, although there was a slight decrease in total assets and net assets compared to the previous quarter. The dividend forecast remains unchanged, with an increase expected by the fiscal year-end, indicating positive expectations for future profitability.

More about Kojima Co., Ltd.

Kojima Co., Ltd., listed on the Tokyo Stock Exchange with the stock code 7513, operates within the retail sector, focusing on consumer electronics and home appliances. The company is known for its extensive market presence in Japan, offering a wide range of electronic products to consumers.

YTD Price Performance: -2.99%

Average Trading Volume: 121,730

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen77.58B

For detailed information about 7513 stock, go to TipRanks’ Stock Analysis page.

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