JACCS CO., LTD Reports Q1 Decline, Cuts Dividend Forecast

Jaccs Co., Ltd. (JP:8584) has released an update.

JACCS CO., LTD reported a slight increase in operating revenue by 1.9% for the quarter ending June 30, 2024, but faced declines in operating profit, ordinary profit, and profit attributable to owners of the parent by over 20%. The company revised its forecast for the fiscal year ending March 31, 2025, and decreased its dividend forecast due to recent operating trends. Total assets increased marginally while the equity ratio saw a slight improvement from the previous quarter.

For further insights into JP:8584 stock, check out TipRanks’ Stock Analysis page.