Tsuzuki Denki Co., Ltd. (JP:8157) has released an update.
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Tsuzuki Denki Co., Ltd. reports a significant year-on-year decline in their first-quarter financial performance for the fiscal year ending March 31, 2025, with net sales dropping by 33.3% and profits attributable to owners plummeting by 99.7%. Despite the downturn, the company’s forecast for the full year includes a slight increase in dividend payouts, from 90.00 yen the previous year to 91.00 yen. The company has also released its full-year projections, expecting a 17.5% decrease in net sales and a 25.1% decrease in owner profits.
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