Updated
Updated · MarketWatch · May 8
A-One Seimitsu nine-month parent net profit rises
Updated
Updated · MarketWatch · May 8

A-One Seimitsu nine-month parent net profit rises

3 articles · Updated · MarketWatch · May 8
  • For the nine months ended 31 March, net profit reached Y104 million, while revenue rose to Y1.20 billion from Y1.18 billion.
  • Operating profit increased to Y120 million from Y45 million, pretax profit climbed to Y152 million from Y67 million, and earnings per share rose to Y20.80 from Y8.52.
  • The Japanese company kept its year-end dividend forecast at Y100 and said the results were prepared under Japanese accounting standards.
Is A-One Seimitsu's profit surge a sustainable trend or a bubble fueled by market hype?
As automation drives record profits, what is the fate of the human workforce in Japan's precision factories?