Takakita Co., Ltd. (JP:6325) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Takakita Co., Ltd. reports a significant drop in financial performance for the three months ended June 30, 2024, with net sales, operating profit, ordinary profit, and profit decreasing by 19.4%, 59.6%, 55.8%, and 70.0%, respectively, compared to the same period in the previous year. The company’s earnings per share also fell sharply from 13.24 yen to 3.94 yen. Despite this downturn, Takakita maintains a stable equity ratio of 78.7% and forecasts a modest increase in net sales and a decline in profits for the full year ending March 31, 2025.
For further insights into JP:6325 stock, check out TipRanks’ Stock Analysis page.