Okamura Foods Co. Ltd. (JP:2938) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Okamura Foods Co., Ltd. reported a 12.9% increase in net sales for the fiscal year ended June 30, 2024, but experienced declines in operating and ordinary profits by 20.0% and 17.3%, respectively. Despite these challenges, the company forecasts a positive outlook for the next fiscal year, anticipating a 10.6% increase in net sales and a 26.1% rise in operating profit. The company also adjusted its dividend payout, reflecting a strategic approach to shareholder returns.
For further insights into JP:2938 stock, check out TipRanks’ Stock Analysis page.