Tsubakimoto Chain Co. (JP:6371) has released an update.
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Tsubakimoto Chain Co. reports a robust financial performance for Q1 of 2024, with net sales up by 7.3% and an impressive 98.1% increase in profit attributable to owners. Total assets and net assets also showed positive growth, and the company plans a 3-for-1 stock split effective October 1, 2024. Despite a comprehensive income decline, the future outlook remains positive with a forecasted increase in net sales and profits for the fiscal year ending March 31, 2025.
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