Nihon Kohden Faces Decline in Q1 FY2024 Sales
Company Announcements

Nihon Kohden Faces Decline in Q1 FY2024 Sales

Nihon Kohden Corporation (JP:6849) has released an update.

Nihon Kohden Corporation reported a decrease in net sales for the first quarter of FY2024, with domestic sales down by 2.2% and overseas sales falling by 9.9%. The company’s operating income and income attributable to owners also saw significant declines. This financial performance is influenced by foreign exchange rates, with the US dollar and EURO both strengthening against the yen.

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