00:00
Money for You
Money for You
USD/RUB
EUR/RUB
Market Quotes

Wadakohsan Profit Slides 44% in First Quarter

44.4 percent. That is the drop in net profit reported by Wadakohsan Corp. for the quarter ending May 31, as the firm’s bottom line fell to 617 million yen from 1.11 billion yen recorded during the same period last year, according to the company’s latest financial disclosure.

Wadakohsan Profit Slides 44% in First Quarter

Revenue at the Japanese firm declined to 11.07 billion yen, down from 12.31 billion yen a year earlier. The contraction in top-line growth rippled through the company's profitability metrics, with operating profit sliding to 1.03 billion yen compared to 1.73 billion yen in the prior-year period. Pretax profit followed a similar downward trajectory, settling at 747 million yen against 1.51 billion yen previously.

Earnings per share for the quarter stood at 56.39 yen, a significant decrease from the 101.23 yen reported in the first quarter of 2025. While the company provided no dividend for the current first quarter, annual dividend projections are set at 60 yen per share, down from the 72 yen paid out in the preceding fiscal year. These results were compiled using Japanese accounting standards.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!