No Data
No Data
Wadakohsan: Quarterly Report - 59th Quarter 1 (2024/03/01 - 2024/05/31)
Japan Stocks Retreat on Fed Rate Jitters Despite Upbeat Economic Signs
Wada Kousan - Despite a decrease in the number of units in 1Q due to the delivery schedule of condominiums for sale, progress towards the annual plan is proceeding smoothly.
Wada Kousan Co., Ltd. (8931) announced its Q1 FY2025 (March-May 2024) financial results on the 5th. Revenue decreased by 24.6% compared to the same period last year to JPY 10.981 billion, operating profit decreased by 28.6% to JPY 1.252 billion, ordinary profit decreased by 36.3% to JPY 1.006 billion, and net profit for the quarter decreased by 37.5% to JPY 0.686 billion. Sales of condominiums decreased by 27.4% compared to the same period last year to JPY 8.63 billion, and segment profit (operating profit) decreased by 34.7% to JPY 1.007 billion.
Wadakohsan's Net Income, Net Sales Drop in Fiscal Q1
Yaskawa Electric's operating profit for the first quarter decreased by 32.4%, or 11.1 billion yen.
In the first quarter of the fiscal year ending February 2025 announced by Yasukawa Den <6506>, sales revenue was 132.408 billion yen, a 7.1% decrease compared to the same period of the previous year, and operating profit was 11.118 billion yen, a 32.4% decrease. Unlike the previous year, which was supported by high levels of backlog, there was a decrease in revenue centered on motion control. In the AC servo motor-controller business, there was a long-term inventory adjustment in the semiconductor and electronic component markets, as well as a decline in demand for solar panel-related products seen in the same period of the previous year.
WADAKOHSAN Sees Financial Downturn in Quarterly Report
No Data