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Yotai Refractories Co., Ltd. ( (JP:5357) ) has provided an update.
Yotai Refractories Co., Ltd. reported its consolidated financial results for the fiscal year ending March 31, 2025. The company experienced a slight increase in net sales by 0.6% to ¥29,305 million, but saw a decline in operating profit and ordinary profit by 3.3% and 1.7% respectively. Profit attributable to owners of the parent dropped significantly by 32.4% to ¥2,623 million. Despite these challenges, the company increased its annual dividend to ¥90.00 per share, reflecting a higher payout ratio of 63.5%. The financial forecast for the fiscal year ending March 31, 2026, anticipates a modest growth in net sales and profits, indicating a cautiously optimistic outlook for the company.
More about Yotai Refractories Co., Ltd.
Yotai Refractories Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the refractories industry. The company focuses on producing materials that are resistant to high temperatures, which are essential for industries like steel, cement, and glass manufacturing.
Average Trading Volume: 50,222
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen25.44B
For detailed information about 5357 stock, go to TipRanks’ Stock Analysis page.