Japan Material Co., Ltd. (JP:6055) has released an update.
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Japan Material Co., Ltd. reports an 8% increase in net sales and a significant improvement in profitability with a 48.3% rise in operating profit for the quarter ending June 30, 2024, compared to the previous year. The company’s strong performance is also reflected in a 38% increase in profit attributable to owners. Despite this growth, the equity ratio saw a slight decrease from 84.4% to 83.9%, and the company maintains a stable dividend forecast with no changes from the previous forecast.
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