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Japan Wool Textile Co., Ltd. Reports Increased Sales and Profits for FY2024

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Japan Wool Textile Co., Ltd. Reports Increased Sales and Profits for FY2024

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Japan Wool Textile Co., Ltd. ( (JP:3201) ) has issued an announcement.

Japan Wool Textile Co., Ltd. reported a year-on-year increase in net sales and profits for the fiscal year ended November 30, 2024, with net sales rising to ¥115,438 million, a 1.7% increase. Operating profit and ordinary profit also saw growth, with notable improvements in profit attributable to owners of the parent, which saw a 17.4% increase. The company plans to increase its annual dividend in the next fiscal year, reflecting confidence in its financial performance and future prospects. However, the forecast for the fiscal year ending November 30, 2025, suggests a slight decline in profit attributable to owners of the parent, although net sales and operating profit are expected to continue growing.

More about Japan Wool Textile Co., Ltd.

Japan Wool Textile Co., Ltd. operates in the textile industry and is primarily involved in the production and sale of wool and related textile products. The company is listed on the Tokyo Stock Exchange and focuses on providing high-quality textile products to a diverse market.

YTD Price Performance: -2.91%

Average Trading Volume: 76,296

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen80.3B

For detailed information about 3201 stock, go to TipRanks’ Stock Analysis page.

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