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Roland Corporation Exceeds Mid-Year Financial Projections

Roland Corporation Exceeds Mid-Year Financial Projections

Roland Corporation (JP:7944) has released an update.

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Roland Corporation reported a positive discrepancy between its projected and actual financial results for the first half of fiscal year 2024, with all key figures surpassing expectations due to the unexpected depreciation of the Japanese Yen. However, the company anticipates a decrease in sales volume and unit prices in North America and China in the latter half of the year, while expecting the Yen to continue its depreciation. Despite these mixed indicators, Roland Corporation maintains its full-year financial and dividend forecasts unchanged.

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