Okamura Foods Co. Ltd. (JP:2938) has released an update.
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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.
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