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Yamami Co. Reports Increased Sales but Faces Profit Decline

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An update from Yamami Co. ( (JP:2820) ) is now available.

Yamami Co. reported its non-consolidated financial results for the six months ending December 31, 2024, showing a significant increase in net sales by 8.7% to 10,400 million yen, compared to the previous period. However, the company faced a decline in operating and ordinary profits by 36.7% and 36.5% respectively. The company also revised its financial forecast for the fiscal year ending June 30, 2025, expecting net sales to rise by 10.5% to 21,000 million yen, despite a projected decrease in operating profit by 23%. The results indicate a challenging period for the company as it navigates through profitability pressures while maintaining revenue growth.

More about Yamami Co.

Yamami Co. is a company listed on the Tokyo Stock Exchange, operating in an industry sector that involves producing and selling goods, although specific products or services were not detailed in the release.

YTD Price Performance: -8.83%

Average Trading Volume: 51,549

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen23.38B

See more data about 2820 stock on TipRanks’ Stock Analysis page.

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