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Ono Sokki Posts Strong Financial Growth and Increased Dividends for 2024

Story Highlights
  • Ono Sokki Co., Ltd. achieved a 2.3% rise in net sales and a 232.9% increase in profits in 2024.
  • The company improved its capital adequacy ratio to 73.3% and increased total dividends, showing strong financial health.
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Ono Sokki Posts Strong Financial Growth and Increased Dividends for 2024

An announcement from Ono Sokki Co., Ltd. ( (JP:6858) ) is now available.

Ono Sokki Co., Ltd. reported consolidated financial results for the fiscal year ended December 31, 2024, showing an increase in net sales by 2.3% to 11,804 million yen and a significant rise in profit attributable to owners of the parent by 232.9% to 1,459 million yen. The company also improved its capital adequacy ratio to 73.3% and increased its total dividends, indicating strong financial health. The impressive profit growth suggests enhanced operational efficiency and a strengthened market position, offering positive implications for stakeholders.

More about Ono Sokki Co., Ltd.

Ono Sokki Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the industry of precision measurement equipment and solutions. The company’s primary products and services include measurement instruments, sensors, and related technologies, focusing on providing solutions for various industrial applications.

YTD Price Performance: -3.47%

Average Trading Volume: 44,272

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen6.23B

For an in-depth examination of 6858 stock, go to TipRanks’ Stock Analysis page.

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