Onward Holdings Reports Strong Mid-Year Financials

Onward Holdings Co., Ltd. (JP:8016) has released an update.

Onward Holdings Co., Ltd. reports a robust financial performance for the first half of the fiscal year ending August 31, 2024, with a 5.2% increase in net sales and a significant 43.5% jump in profits attributable to owners compared to the previous year. The company’s shareholders’ equity ratio also improved slightly to 47.9%. Looking ahead, Onward Holdings projects a continued upward trend for the full fiscal year with an anticipated 10.7% rise in net sales and a 24.8% increase in profits attributable to owners.

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