Tomoku Co., Ltd. (JP:3946) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
Tomoku Co., Ltd. reported a modest increase in net sales and a significant 33.1% increase in operating profit for the first quarter of 2024, while also forecasting a 6.8% rise in annual sales and over 20% growth in profits by the end of the fiscal year. The company’s financial position remains strong with a 42.1% equity-to-asset ratio, and they plan to increase the annual dividend per share to 90 yen for the fiscal year ending March 2025.
For further insights into JP:3946 stock, check out TipRanks’ Stock Analysis page.