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Izumi Co., Ltd. Reports Increase in Revenue Despite Profit Decline

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Izumi Co., Ltd. Reports Increase in Revenue Despite Profit Decline

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The latest update is out from Izumi Co., Ltd. ( (JP:8273) ).

Izumi Co., Ltd. reported its consolidated financial results for the nine months ending November 30, 2024, showing an 8.2% increase in operating revenue compared to the previous year. However, the company faced declines in profits, with operating profit down by 22.1% and ordinary profit by 23.1%. This decline is reflected in the profit attributable to owners of the parent, which dropped by 18.4%. Despite these challenges, the company maintained its dividend forecast, indicating no revisions to previously published projections, suggesting a stable outlook for investors.

More about Izumi Co., Ltd.

Izumi Co., Ltd. is a Japan-based company listed on the Tokyo Stock Exchange, primarily involved in the retail industry. The company focuses on operating shopping centers and retail stores, providing a wide range of consumer goods and services.

YTD Price Performance: -2.95%

Average Trading Volume: 133,169

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen223.4B

See more insights into 8273 stock on TipRanks’ Stock Analysis page.

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