Updated
Updated · MarketWatch · May 1
MK Seiko net profit rises to Y2.35 billion
Updated
Updated · MarketWatch · May 1

MK Seiko net profit rises to Y2.35 billion

3 articles · Updated · MarketWatch · May 1
  • For the year ended March 20, revenue increased to Y29.79 billion from Y28.27 billion, while operating profit climbed to Y2.72 billion from Y1.99 billion.
  • Pretax profit rose to Y2.92 billion from Y2.11 billion, and earnings per share increased to Y167.49 from Y90.76.
  • The Japanese company reported the results under Japanese accounting standards, showing broad year-on-year improvement across sales and profitability.
How did MK Seiko turn Japan's economic challenges into record-breaking profits?
Is MK Seiko's profit boom sustainable or just a temporary gift from the weak yen?