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MISUMI Group Announces Strong Quarterly Growth

MISUMI Group Announces Strong Quarterly Growth

Misumi Group (JP:9962) has released an update.

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MISUMI Group Inc. reports a robust financial performance with a 52% increase in net income for owners of the parent in the first quarter ending June 30, 2024, compared to the previous year. The company’s strong results are reflected by a 10.7% rise in net sales and a significant improvement in operating and ordinary income. MISUMI has also released a positive forecast for the fiscal year ending March 31, 2025, projecting growth in net sales and income.

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