In section Market Quotes

Obic Business Consultants Reports Profit Growth to 4.88 Billion Yen

4.88 billion yen in net profit for the first quarter ending June 30 marks a significant climb for Obic Business Consultants, rising from 4.07 billion yen during the same period last year as the firm capitalized on expanded revenue streams under Japanese accounting standards.

Obic Business Consultants Reports Profit Growth to 4.88 Billion Yen

The Tokyo-listed firm reported revenue reaching 13.83 billion yen, an increase from the 12.15 billion yen recorded in the previous year. Operating profit mirrored this upward trend, climbing to 6.58 billion yen from 5.57 billion yen. Pretax profit followed suit, settling at 7.13 billion yen compared to 5.90 billion yen in the prior fiscal cycle.

Earnings per share rose to 64.89 yen, up from 54.19 yen. While the company did not declare a first-quarter dividend, it maintains an annual dividend forecast of 130.00 yen per share, a step up from the 111.00 yen distributed the previous year.

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