Updated
Updated · MarketWatch · May 8
Okamura Corp reports higher full-year net profit
Updated
Updated · MarketWatch · May 8

Okamura Corp reports higher full-year net profit

5 articles · Updated · MarketWatch · May 8
  • For the year ended 31 March in Japan, revenue rose to Y329.03 billion from Y314.53 billion and operating profit edged up to Y24.14 billion from Y23.94 billion.
  • Pretax profit fell to Y25.84 billion from Y26.46 billion, while earnings per share increased to Y236.80 from Y232.93.
  • The office furniture maker said the results were prepared under Japanese accounting standards, with net profit increasing modestly year on year.
How did a Japanese furniture giant defy national trends to achieve record-breaking profit growth?
Amidst new US trade probes, can Okamura's record profits shield it from a potential tariff storm?