Sangetsu Corporation Reports Increased Sales but Lower Profits Amid Strategic Expansion
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Sangetsu Corporation reported a 5.2% increase in net sales to 147,299 million yen for the nine months ended December 31, 2024, but faced declines in operating profit and other profit metrics. The company has included D’Perception Pte. Ltd. in its consolidation, indicating strategic expansion. Despite the financial challenges, Sangetsu maintained its dividend forecast, reflecting a commitment to shareholder returns. The company specializes in interior design and materials and is listed on the Tokyo and Nagoya stock exchanges.
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