SHIKIGAKU Co. Achieves Profitable Growth Mid-Year

SHIKIGAKU Co., Ltd. (JP:7049) has released an update.

SHIKIGAKU Co., Ltd. reports solid growth for the six-month period ending August 31, 2024, with a notable 14.4% increase in net sales compared to the previous year. The company saw a significant turnaround, posting an operating profit of 179 million yen and a profit attributable to owners of the parent of 291 million yen, marking a recovery from the previous year’s losses. Despite a slight decrease in capital adequacy ratio to 47.8%, SHIKIGAKU is preparing supplementary financial materials and will hold a financial results briefing.

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