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Updated · MarketWatch · May 8Nakayamafuku FY net profit rises as revenue reaches Y43.05bn
9 articles · Updated · MarketWatch · May 8
- For the year ended 31 March in Japan, net profit increased to Y667m from Y526m, while earnings per share rose to Y34.37 from Y27.25.
- Operating profit jumped to Y531m from Y154m, and pretax profit climbed to Y842m from Y491m.
- Nakayamafuku reported the results under Japanese accounting standards, with annual revenue up from Y40.95bn to Y43.05bn.
What internal reforms are driving Japan's corporate profit boom beyond a weak yen? With Japan intervening to boost the yen, can Nakayamafuku sustain its record profits? Is this profit surge a sign of Japan's economic dawn or just a temporary boom?