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Odakyu Electric Sees Strong Q1 Growth and Segment Restructure
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Odakyu Electric Sees Strong Q1 Growth and Segment Restructure

Odakyu Electric Railway Co (JP:9007) has released an update.

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Odakyu Electric Railway Co. reports a robust first quarter for FY2024 with a 9% increase in revenue and a significant 131.4% surge in net income attributable to owners of the parent, compared to the same quarter in the previous year. The company has also restructured its segments, merging ‘Merchandising’ and ‘Others’ into ‘Life Services’ to align with its Management Vision’s consolidated financial targets.

For further insights into JP:9007 stock, check out TipRanks’ Stock Analysis page.

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