TAIYO YUDEN Sees Strong First Quarter Growth

Taiyo Yuden Co., Ltd. (JP:6976) has released an update.

TAIYO YUDEN CO., LTD. reports a solid performance in the first quarter of 2024, with net sales up by 11.7% and a significant increase in profits, including a staggering 598.6% jump in profit attributable to owners. The company’s financial position remains strong, with total assets growing and a consistent equity-to-asset ratio. Looking ahead, TAIYO YUDEN forecasts continued growth in sales and profits for the fiscal year ending March 31, 2025.

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