Yokota Manufacturing reports higher FY parent net profit
Updated
Updated · MarketWatch · May 11
Yokota Manufacturing reports higher FY parent net profit
5 articles · Updated · MarketWatch · May 11
For the year ended 31 March, net profit rose to Y338m from Y319m, while revenue increased to Y2.31bn from Y2.28bn.
Operating profit climbed to Y470m from Y455m, pretax profit to Y475m from Y461m, and earnings per share to Y182.56 from Y172.21.
The company forecast future dividends under Japanese accounting standards, setting an annual payout of Y60 versus Y55 a year earlier despite a lower year-end dividend.
With Japan mandating tough climate disclosures, can Yokota's profit growth survive the immense compliance challenge?
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