Revenue for the quarter climbed to 85.65 billion yen, up from 81.83 billion yen a year earlier. While top-line performance showed resilience, operating profit fell to 6.08 billion yen from 7.88 billion yen, and pretax profit dipped to 6.71 billion yen from 7.60 billion yen. Earnings per share rose to 72.34 yen, compared to 68.27 yen in the previous year. These figures were calculated according to Japanese accounting standards.
In section Market Quotes
Tokuyama Corp Earnings Rise on Higher Revenue Despite Profit Dip
Tokuyama Corp reported a net profit of 5.20 billion yen for the first quarter ending June 30, marking an increase from the 4.91 billion yen recorded during the same period last year. Despite the bottom-line growth, the Japanese chemical manufacturer faced pressure on its core margins as operating profit slipped.
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