Okabe Co first-quarter net profit falls

6 articles · Updated · MarketWatch · Apr 30

The Japanese company posted net profit of Y534m for the quarter ended 31 March, while revenue rose to Y16.44bn from Y16.00bn.
Operating profit dropped to Y528m from Y981m, pretax profit fell to Y579m from Y1.06bn, and earnings per share declined to Y11.78 from Y16.12.
The results were prepared under Japanese accounting standards, showing weaker profitability despite higher sales in the latest quarter.

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