In section Market Quotes

Nagawa Profit Climbs to 1.63 Billion Yen in Fiscal Half

Nagawa Co. Ltd. reported a significant profit surge for the half-year ending September 30, with net income reaching 1.63 billion yen. This result marks a sharp increase from the 1.18 billion yen recorded during the same period last year, driven by steady growth across the company’s primary revenue streams.

Nagawa Profit Climbs to 1.63 Billion Yen in Fiscal Half

The Japanese firm saw its total revenue rise to 17.45 billion yen, up from 16.41 billion yen in the previous year. Operating profit mirrored this upward trend, climbing to 2.02 billion yen from 1.83 billion yen, while pretax profit reached 2.48 billion yen compared to 2.23 billion yen a year earlier. These figures were calculated according to Japanese accounting standards.

Earnings per share rose to 104.93 yen from 75.70 yen. Despite the stronger performance, the company projects a year-end dividend of 80.00 yen, a decrease from the 100.00 yen payout distributed at the end of the previous fiscal year.

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