Shofu Inc. (JP:7979) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Shofu Inc. has reported a robust start to the fiscal year with a 14.4% increase in net sales and a significant 63.2% rise in net income attributable to owners for the first quarter ending June 30, 2024, compared to the previous year. The company’s consolidated financial forecast has been revised upwards, reflecting a positive outlook with expectations for continued growth in net sales and operating income. Amidst this financial growth, Shofu Inc. also announced a two-for-one stock split scheduled for October 1, 2024.
For further insights into JP:7979 stock, check out TipRanks’ Stock Analysis page.