SCAT Inc. Faces Downturn but Increases Dividends

SCAT Inc. (JP:3974) has released an update.

SCAT Inc. reports a decline in financial performance for the nine months ending July 31, 2024, with net sales down by 4.1% and profit attributable to owners falling by 39.6% compared to the same period last year. The company’s total assets decreased, while net assets increased, resulting in a higher capital adequacy ratio of 67.2%. Furthermore, SCAT Inc. announced a revision in its year-end dividend forecast, signaling an increase from the previous fiscal year.

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