SMC Corporation Reports 1.3% Decline in Net Sales and 28.9% Drop in Net Profit for Q1 FY2025
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SMC Corporation reported a 1.3% decline in net sales to ¥200.18 billion and a 28.9% drop in net profit to ¥34.641 billion for Q1 FY2025. Operating profit fell by 15.1% year-on-year. The company faces challenges due to geopolitical factors and U.S. tariffs, with sluggish sales in medical equipment and food machinery. Despite strong performance in Greater China, SMC is investing in global supply capabilities and enhancing sales strategies. No financial outlook for future periods was provided.
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