Daikin Industries Financial Performance and Dividend Forecast

Daikin (JP:6367) has released an update.

Daikin Industries reports a 14.3% increase in net sales for the quarter ending June 30, 2024, while facing a downturn in profits, with operating profit, ordinary profit, and profit attributable to owners falling by 2.1%, 8.4%, and 21.4%, respectively. The company’s total assets have increased, with a slight drop in the equity ratio from 54.0% to 53.2%. Additionally, Daikin anticipates a special commemorative dividend for its 100th anniversary in its dividend forecast for the fiscal year ending in March 2025.

For further insights into JP:6367 stock, check out TipRanks’ Stock Analysis page.