ANEST IWATA Corp. Faces Mixed Financial Performance

ANEST IWATA Corp. (JP:6381) has released an update.

ANEST IWATA Corp. reported a slight increase in net sales for the FY2024 first quarter, but experienced significant declines in operating profit, ordinary profit, and profit attributable to owners of the parent by 19.9%, 14.8%, and 23.5% respectively, compared to the previous year. Despite the overall downturn, comprehensive income rose by 25.1%. The company anticipates a modest growth in net sales and operating profit for the full FY2024, while expecting a slight increase in profit attributable to owners of the parent.

For further insights into JP:6381 stock, check out TipRanks’ Stock Analysis page.