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Studio Atao Profit Inches Up Despite Operating Income Dip

Studio Atao Co. Ltd. reported a net profit of 69 million yen for the half-year ending August 31, a marginal increase from the 67 million yen recorded during the same period last year. Despite the bottom-line growth, the company’s operating profit faced downward pressure, slipping to 99 million yen from 106 million yen.

Studio Atao Profit Inches Up Despite Operating Income Dip

Revenue for the Tokyo-listed firm rose to 1.96 billion yen, up from 1.86 billion yen in the previous year. However, increased costs impacted margins, leading to a decline in pretax profit, which settled at 104 million yen compared to 108 million yen a year earlier. Earnings per share saw a slight improvement, reaching 4.99 yen against 4.90 yen.

The company maintained a consistent dividend strategy, declaring no midyear payout while forecasting an annual dividend of 5.00 yen per share, matching the previous year's total. These financial results were prepared in accordance with Japanese accounting standards.

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