M3, Inc. Reports Mixed Quarterly Financials

M3 (JP:2413) has released an update.

M3, Inc., a company listed on the Tokyo Stock Exchange, reported an 11.9% increase in revenue for the three months ended June 30, 2024, although profits have seen a decline, with profit attributable to owners of the parent down by 9.4%. The company’s total assets grew to 506,505 million yen, with a slight decrease in the equity ratio to 70.9%. Despite these mixed results, M3, Inc. has not yet determined its dividend forecast for the fiscal year ending March 31, 2025, stating it will consider capital needs and cash flow conditions.

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