Sanrio Posts Strong Growth in Q1 FY2024 Results

Sanrio Company (JP:8136) has released an update.

Sanrio Company, Ltd. reports a robust first quarter for FY2024, with a 42.3% increase in net sales and a significant rise in profits, including a 109.4% jump in profit attributable to owners. The company’s financial position also strengthened with total assets and net assets both showing considerable growth. In addition, Sanrio revised its full-year dividends forecast post a 3-for-1 stock split and updated its full-year consolidated forecast, indicating a positive outlook for the remainder of the year.

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