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Izumi Co., Ltd. Foresees Rebound Despite Downturn
Company Announcements

Izumi Co., Ltd. Foresees Rebound Despite Downturn

Izumi Co., Ltd. (JP:8273) has released an update.

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Izumi Co., Ltd. reported a decline in their financial performance for the three months ended May 31, 2024, with operating revenue, operating profit, and profit attributable to owners all showing significant decreases compared to the previous year. Despite the downturn, the company has provided a forecast for the full fiscal year indicating a potential rebound with increased operating revenue and earnings per share. Additionally, Izumi has maintained its number of issued shares and announced plans to pay dividends, projecting an annual total of 90 yen per share.

For further insights into JP:8273 stock, check out TipRanks’ Stock Analysis page.

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