Kato Sangyo reports higher half-year net profit

7 articles · Updated · MarketWatch · May 11

For the six months ended 31 March, the Japanese company posted net profit of Y8.92 billion, versus Y7.25 billion a year earlier.
Revenue rose to Y626.92 billion from Y610.36 billion, while operating profit increased to Y10.45 billion from Y10.15 billion.
Pretax profit climbed to Y11.64 billion from Y11.04 billion and earnings per share rose to Y292.03 from Y232.83, under Japanese accounting standards.

Is this company's profit surge a sign that Japan's corporate governance reforms are finally paying off for traditional industries?

Profits are soaring, but the stock is down. Can Kato Sangyo's strategy beat Japan's brutal wholesale price wars and logistics crisis?

How is this traditional wholesaler using AI to fend off e-commerce giants and navigate Japan’s severe driver shortage?