Exedy Corporation Reports Strong Q1 FY2024

Exedy Corporation (JP:7278) has released an update.

Exedy Corporation reported a robust start to FY2024 with a 2.8% increase in revenue and a significant 69.2% rise in operating profit in Q1. The company’s financial position remains stable with total equity increasing slightly from the previous fiscal year. EXEDY maintains its dividend forecast at 120 yen per share for FY2024, consistent with the previous year.

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