SB Technology (JP:4726) has released an update.
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SB Technology Corp. reports a decline in financial performance for the first quarter of fiscal year 2025, with net sales down by 2.1% and profits attributable to owners dropping by 31.1% compared to the previous year. The company’s financial position remains stable, although there has been a slight dip in both total and net assets compared to the end of the last fiscal year. Despite the downturn, SB Technology Corp. provides a forecast for the full fiscal year with a modest increase in net sales and operating income, but a significant predicted decrease in profit attributable to owners of parent by 57.6%.
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