Japan Excellent, Inc. (JP:8987) has released an update.
Japan Excellent, Inc. has reported its 36th period financial results, showing an increase in total revenues to 11,460 million yen and a slight improvement in operating income, ordinary income, and net income compared to the 35th period ending December 31, 2023. The company also announced a distribution per unit of 2,862 yen, maintaining a stable payout and dividend ratio. Despite a modest decrease in net assets, the financial situation remains strong with a capital ratio of 49.0%, and the forecasts for upcoming periods indicate continued revenue and income growth.
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