WADAKOHSAN Sees Financial Downturn in Quarterly Report

WADAKOHSAN CORPORATION (JP:8931) has released an update.

WADAKOHSAN CORPORATION reported a decline in non-consolidated financial performance for the quarter ending May 31, 2024, with noticeable decreases in net sales, operating profit, ordinary profit, and net income compared to the previous year. The company’s total assets saw a slight increase, while net assets remained relatively stable. The report also includes unchanged dividend forecasts and a financial results forecast for the following fiscal year, anticipating modest changes in net sales and operating profit.

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