Star Micronics Co., Ltd (JP:7718) has released an update.
Star Micronics Co., Ltd reports a significant decrease in financial performance for the first half of Fiscal 2024, with net sales and net income declining by 27.8% and 88.8%, respectively, compared to the previous year. Despite the downturn, the company maintains a dividend payout of 60.00 yen per share for the fiscal year. The full-year forecast anticipates a continued downturn in net sales and net income, with projections of a 13.0% and 54.7% decrease, respectively.
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