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Daisyo Corporation Announces Strong Financial Turnaround

Daisyo Corporation Announces Strong Financial Turnaround

Daisyo Corporation (JP:9979) has released an update.

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Daisyo Corporation reports robust growth with consolidated net sales increasing by 11.2% to 50,586 million yen and a turnaround to a profit of 1,333 million yen for the fiscal year ending August 2024, up from a loss the previous year. The company’s financial position strengthened, with total assets reaching 33,524 million yen and a higher capital adequacy ratio of 31.0%. Cash flows from operations more than doubled to 1,536 million yen.

For further insights into JP:9979 stock, check out TipRanks’ Stock Analysis page.

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