OBIC Co (JP:4684) has released an update.
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OBIC Co. reports a solid start to the fiscal year with a 14.4% increase in profits for Q1 and projects continued growth with a 10% rise in net sales and operating profit for the upcoming year. The company also announced a 5-for-1 stock split effective October 1, 2024, and a prospective year-end dividend of ¥160.00, reflecting the split. These financial developments indicate a strong performance and shareholder-friendly moves by the Tokyo-listed firm.
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