NS Tool Co., Ltd. Reports Solid Q1 Growth

NS Tool Co., Ltd. (JP:6157) has released an update.

NS Tool Co., Ltd. has reported a positive first-quarter performance for the period ending June 30, 2024, with a 3.3% increase in net sales and a 10.7% rise in profit attributable to owners compared to the previous year. The company’s equity-to-asset ratio remains strong at 92.5%, and they are maintaining a steady dividend forecast with no revisions. Looking forward, NS Tool anticipates a 4.3% increase in net sales for the fiscal year ending March 2025, although operating profit and profit attributable to owners are expected to decrease slightly.

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