Kurotani Corporation Reveals Varied Yearly Financials

Kurotani Corporation (JP:3168) has released an update.

Kurotani Corporation reports a mixed financial performance, with a decrease in net sales by 2.9% year-over-year, but a significant increase in operating profit by 172.1% and ordinary profit by 355.9%. The company’s cash flows from operating activities have fallen compared to the previous year, yet there’s an increase in cash and equivalents at the end of the period. Kurotani’s balance sheet shows a slight decrease in the capital adequacy ratio, but an increase in net assets per share.

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