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Kameda Seika Co., Ltd. ( (JP:2220) ) has issued an announcement.
Kameda Seika Co., Ltd. reported a significant increase in net sales by 40.8% for the first quarter of FY2025, reaching ¥33,873 million. Despite a decline in ordinary income by 26.7%, the company’s net income attributable to owners of the parent surged to ¥21,987 million, indicating strong profitability. The financial results reflect a robust market performance, with comprehensive income showing a remarkable rise of 731.7% compared to the previous year. The company also announced changes in its subsidiaries, with the inclusion of TH FOODS, INC. and Watch City Properties, LLC, and the exclusion of Mary’s Gone Crackers, Inc., which may impact its strategic positioning and operational focus.
More about Kameda Seika Co., Ltd.
Kameda Seika Co., Ltd. operates in the food industry, primarily focusing on the production and sale of rice-based snacks. The company is listed on the Tokyo Stock Exchange and is known for its diverse range of snack products, catering to both domestic and international markets.
Average Trading Volume: 48,543
Technical Sentiment Signal: Buy
Current Market Cap: Yen85.81B
For a thorough assessment of 2220 stock, go to TipRanks’ Stock Analysis page.