Shibuya Corporation Reports Strong FY2024 Growth

SHIBUYA KOGYO CO LTD (JP:6340) has released an update.

Shibuya Corporation reported a significant increase in their consolidated financial results for FY2024, with net sales up by 18% and profits attributable to owners of the parent jumping by 65%. Total assets and net assets both showed growth from the previous year, and the company announced a year-end dividend of 90 yen per share, forecasting a continued payout for FY2025. Despite the positive performance, the company anticipates a slight decline in profits for the next fiscal year.

For further insights into JP:6340 stock, check out TipRanks’ Stock Analysis page.