Nachi-Fujikoshi Corp. Faces Financial Downturn

Nachi-Fujikoshi Corp. (JP:6474) has released an update.

Nachi-Fujikoshi Corp. reported a decline in financial performance for the nine months ending August 31, 2024, with net sales, operating profit, and profit attributable to owners decreasing year-on-year by 10.4%, 60.3%, and 55.9% respectively. Their total assets and net assets also saw a decrease compared to the previous year. Despite the downturn, the company forecasts a year-end dividend of 100 yen per share.

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