Nextage Co., Ltd. ( (JP:3186) ) has issued an announcement.
Nextage Co., Ltd. reported consolidated financial results for the fiscal year ending November 30, 2024, showing a 19.3% increase in net sales to ¥552,778 million. However, the company faced a decline in operating profit, ordinary profit, and profit attributable to owners of the parent, with respective decreases of 19.5%, 23.0%, and 30.7% compared to the previous fiscal year. Despite the profitability challenges, the company has announced a marginal increase in its annual dividend per share, reflecting a cautious optimism in its financial strategy. The company also expanded its scope of consolidation by adding several subsidiaries, indicating strategic growth initiatives.
More about Nextage Co., Ltd.
Nextage Co., Ltd. is a company listed on the Tokyo and Nagoya Stock Exchanges, known for its operations in the automobile retail industry. The company focuses on selling used cars and providing related services, establishing a significant presence in the Japanese market.
YTD Price Performance: 0%
Average Trading Volume: 888,122
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen109.9B
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