Topcon Q1 Results Show Strong Sales Growth, Mixed Profitability

Topcon (JP:7732) has released an update.

Topcon Corporation reported a 6% year-over-year increase in net sales in FY2024 Q1, with a significant 61% boost in operating income, credited to structural reforms and cost reductions. Despite steady sales in the Eye Care Business, growth investment expenses led to a 60% drop in operating income. The company plans to stimulate demand with new product launches and expects to increase profit while continuing to invest.

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