Taiyo Yuden Co., Ltd. (JP:6976) has released an update.
TAIYO YUDEN Co., Ltd. reported stable first-quarter net sales of ¥81.1 billion, with an increase in sales for tablets and IT/industrial equipment offset by a dip in smartphone-related sales. Operating profit rose by 29% from the previous quarter to ¥2.6 billion. The company maintains its full-year forecast with expected net sales growth of 9% and a significant 120% increase in operating profit.
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