Tachi-S Co (JP:7239) has released an update.
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Tachi-S Co., Ltd. reports a strong first quarter in FY2024 with a 7.7% increase in net sales and significant growth in operating income by 330.3%. The company projects a full-year net sales decrease of 2.0% but expects a 43.8% rise in net income attributable to owners. Tachi-S intends to maintain a management goal of an 8% return on equity, with a forecasted annual dividend of 103.8 yen per share.
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