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Showa Sangyo Reports Decline in Financials but Raises Dividend Forecast

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Showa Sangyo Reports Decline in Financials but Raises Dividend Forecast

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Showa Sangyo Co., Ltd. ( (JP:2004) ) just unveiled an announcement.

Showa Sangyo Co., Ltd. reported a decline in its consolidated financial results for the nine months ending December 31, 2024, with net sales dropping by 3.7% and operating profit declining by 13.9% compared to the previous year. Despite this, the company announced an increase in cash dividends for the fiscal year ending March 31, 2025, reflecting a positive outlook on shareholder returns amidst challenging market conditions.

More about Showa Sangyo Co., Ltd.

Showa Sangyo Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the food industry. It focuses on producing and distributing a variety of food products, aiming to cater to diverse market needs.

YTD Price Performance: -3.84%

Average Trading Volume: 36,686

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen88.43B

Learn more about 2004 stock on TipRanks’ Stock Analysis page.

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