Iwatani Corporation Reports 4.1% Increase in Net Sales for FY24, Profit Attributable to Owners Down 6.9%
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Iwatani Corporation reported a 4.1% increase in net sales for FY24, totaling 883.011 billion yen, while profit attributable to owners fell by 6.9% to 40.448 billion yen. Operating profit decreased by 8.7% to 46.228 billion yen. For FY25, the company forecasts a 6.0% rise in net sales to 936.4 billion yen and a 20.6% increase in profit attributable to owners to 48.8 billion yen. Iwatani's "PLAN27" aims for a dividend payout ratio of 20% or higher by FY2027.
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