Tachibana Eletech Co., Ltd. (JP:8159) has released an update.
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Tachibana Eletech Co., Ltd. experiences downturn in Q1 with net sales, operating profit, and profit attributable to owners decreasing by 7.4%, 50.0%, and 40.1% respectively, compared to the previous year. Total assets also saw a decline from March to June 2024, although net assets and equity remained relatively stable. The company sticks to its forecast of 100 yen in total annual dividends for the fiscal year ending March 2025.
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