Yamato Holdings Co (JP:9064) has released an update.
Yamato Holdings Co., Ltd. reports a decrease in operating revenue by 3.5% and a shift to operating losses in the first quarter of 2024, compared to the previous year. The company’s consolidated financial position shows a slight decrease in total assets and net assets as of June 30, 2024. Despite the current performance, Yamato Holdings remains optimistic, projecting a revenue increase and a return to profitability in the full fiscal year ending March 2025.
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