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Ricoh Leasing Reports Improved Profitability Despite Decline in Sales
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Ricoh Leasing Reports Improved Profitability Despite Decline in Sales

Story Highlights
  • Ricoh Leasing saw a 49.9% rise in profit attributable to owners despite a 2.1% drop in sales.
  • The company plans to increase dividends, signaling confidence in future performance.
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Ricoh Leasing Company,Ltd. ( (JP:8566) ) just unveiled an announcement.

Ricoh Leasing Company, Ltd. reported a slight decrease in net sales by 2.1% for the nine months ending December 31, 2024, compared to the same period in 2023. Despite this, the profit attributable to owners of the parent increased significantly by 49.9%, highlighting improved profitability. The company’s equity ratio slightly decreased, indicating changes in its financial structure. The company anticipates an increase in annual dividends per share for the fiscal year ending March 31, 2025, reflecting confidence in its future financial performance. These financial results and forecasts suggest potential positive impacts on shareholder value and market positioning.

More about Ricoh Leasing Company,Ltd.

Ricoh Leasing Company, Ltd. operates in the leasing industry, primarily offering leasing services for various equipment and products. The company is listed on the Tokyo Stock Exchange and is led by President and CEO Tokuharu Nakamura.

YTD Price Performance: -2.86%

Average Trading Volume: 24,656

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen156.9B

Find detailed analytics on 8566 stock on TipRanks’ Stock Analysis page.

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