Ryoden Corporation Reports 21.1% Drop in Net Sales and 15.0% Decline in Net Income for FY Ending March 31, 2025; EPS Falls to 187.01 Yen
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Ryoden Corporation reported a 21.1% drop in net sales to ¥179.588 billion and a 15.0% decline in net income to ¥4.092 billion for the fiscal year ending March 31, 2025. Operating income fell by 40.6% to ¥4.172 billion, while ordinary income decreased by 29.6% to ¥4.989 billion. Earnings per share (EPS) dropped to ¥187.01 from ¥220.30. The decline is attributed to the cessation of sales of Renesas Electronics products, significantly affecting revenue. No earnings forecast was provided for the upcoming fiscal year.
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