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Yashima Denki Posts Mixed Financial Results

Yashima Denki Posts Mixed Financial Results

Yashima Denki Co., Ltd. (JP:3153) has released an update.

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Yashima Denki Co., Ltd. reported a 6.7% decrease in net sales compared to the previous year, with current figures at 10,670 million yen. However, the company witnessed an increase in operating and ordinary profits by 19.7% and 19.3%, respectively. Despite a drop in comprehensive income, the company’s capital adequacy ratio improved significantly from 45.1% to 55.9%.

For further insights into JP:3153 stock, check out TipRanks’ Stock Analysis page.

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