Matsuo Electric Parent Net Profit Rises to ¥305 Million

Revenue increased to ¥3.04 billion from ¥2.50 billion. Operating profit rose to ¥423 million from ¥272 million, while pretax profit reached ¥403 million, compared with ¥261 million in the year-earlier period.

Earnings per share were ¥79.60, up from ¥71.09. The company reported an annual dividend of ¥15 per share, against ¥0 a year earlier; the table listed no first-quarter, midyear or third-quarter dividend for either period. Dividends for future periods are forecasts.