Tokyu (JP:9005) has released an update.
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Tokyu Corporation reports a robust first quarter for the fiscal year ending March 2025 with operating revenue up by 14.1% and operating profit surging 61.5% compared to the previous year. The company’s financial position remains strong with an equity ratio of 31.5%. However, the full-year forecast suggests a conservative outlook with slight decreases across operating revenue, profit, and net income per share.
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