Riso Kagaku Corporation (JP:6413) has released an update.
RISO KAGAKU CORPORATION has positively revised its earnings forecasts for the first half and entire fiscal year ending March 31, 2025, due to a depreciating yen and strong recent earnings trends. The revised forecast anticipates increases in net sales, operating income, ordinary income, and profit attributable to owners, with significant percentage increases in ordinary income and net income per share. These adjustments reflect a better-than-expected business environment and currency exchange rates, despite expecting a sales dip in the second quarter due to softened demand.
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