Narumiya International Reports Increased Sales but Lower Operating Profits

Narumiya International Co., Ltd. ( (JP:9275) ) has issued an announcement.

Narumiya International Co., Ltd. reported a 4.1% increase in net sales for the nine months ended November 30, 2024, totaling 27,462 million yen. However, the company experienced a decline in operating and ordinary profits by 3.7% and 5.2%, respectively, compared to the previous year. Despite these declines, the profit attributable to the owners of the parent rose by 14.3%, reaching 825 million yen, indicating improved profitability. The company’s equity ratio slightly decreased from 42.4% to 39.9% over the same period. Notably, Narumiya has maintained its forecast for the fiscal year ending February 28, 2025, with expectations of a 7.6% increase in net sales and a 22.1% rise in profits attributable to the owners of the parent, which suggests optimism about future growth.

More about Narumiya International Co., Ltd.

Narumiya International Co., Ltd. is a company listed on the Tokyo Stock Exchange under the stock code 9275. The company is involved in the retail and fashion industry, focusing on children’s clothing and related accessories. Narumiya is known for its extensive range of apparel and operates with a significant presence in the Japanese market.

YTD Price Performance: -2.92%

Average Trading Volume: 14,562

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen13.45B

See more data about 9275 stock on TipRanks’ Stock Analysis page.