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Wakita & Co. Profits Dip Despite Revenue Growth in First Quarter

Wakita & Co. Ltd. reported a net profit of 1.10 billion yen for the first quarter ending May 31, a decline from the 1.16 billion yen recorded during the same period last year. Despite the bottom-line contraction, the Japanese firm saw its quarterly revenue climb to 24.62 billion yen from 23.10 billion yen.

Wakita & Co. Profits Dip Despite Revenue Growth in First Quarter

Operating profit followed a positive trajectory, rising to 1.81 billion yen compared to 1.63 billion yen in the previous year. Pretax profit also strengthened, reaching 1.80 billion yen against 1.64 billion yen reported in the 2025 period.

Earnings per share for the quarter stood at 22.05 yen, down from the 23.52 yen recorded a year earlier. These figures, prepared under Japanese accounting standards, reflect a complex quarter where top-line gains failed to translate into equivalent shareholder returns.

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