Tsukamoto Corporation Faces Profit Decline, Optimistic Forecast

Tsukamoto Corporation Co., Ltd. (JP:8025) has released an update.

Tsukamoto Corporation Co., Ltd. reported a decrease in consolidated net sales by 15.1% for the three months ended June 30, 2024, compared to the previous year, with significant declines in operating, ordinary, and net profit attributable to owners. Despite this downtrend, the company forecasts a slight increase in net sales for the full year ending March 31, 2025, with an expected improvement in ordinary profit. No dividends were paid in the first quarter, but a forecasted annual dividend of 60 yen per share remains unchanged from the previous year.

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