Sho Bond Holdings reports higher nine-month net profit

5 articles · Updated · MarketWatch · May 11

For the nine months ended 31 March, the Japanese group posted net profit of Y11.86 billion, with earnings per share rising to Y58.27 from Y56.49.
Revenue fell to Y66.75 billion from Y67.92 billion, but operating profit increased to Y16.59 billion and pretax profit to Y16.97 billion.
The results were prepared under Japanese accounting standards, showing improved profitability despite lower sales compared with the same period a year earlier.

How did a Japanese firm boost profits while revenue fell amid global turmoil and a weakening yen?

As Japan boosts defense spending, are infrastructure firms like Sho-Bond the market's next big winners?