Matsuda KK

7261

Equity

ISIN JP3868400007 / Valor 762466

Tokyo Stock Exchange (2024-09-18)

JPY 1,074.50+3.62%

Matsuda KK
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Matsuda KK is a Japanese company specializing in the design and manufacture of high-end eyewear.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Record Net Sales

Matsuda KK reported record-high consolidated net sales for the quarter ended March 31, 2024, reaching 360.5 billion yen. This represents a 2.7% increase compared to the same period last year, showcasing the company's robust sales performance.

Profit Decline

Despite the increase in net sales, Matsuda KK experienced a decline in profit for the quarter ended March 31, 2024. The operating profit fell by 32.3% year-on-year to 9.3 billion yen, primarily due to a decrease in productivity in the electronic devices field and other factors.

Segment Performance

In the quarter ended March 31, 2024, Matsuda KK's Precious Metals Business Segment reported net sales of 252.9 billion yen and an operating profit of 7.0 billion yen. Meanwhile, the Food Business Segment achieved net sales of 107.7 billion yen and an operating profit of 2.3 billion yen, with a notable 30.4% increase in operating profit year-on-year.

Dividend Increase

Matsuda KK announced an increase in dividends for the seventh consecutive fiscal year. For the fiscal year ending March 31, 2025, the company forecasts a dividend of 70 yen per share, up by 10 yen from the previous year, reflecting its commitment to returning value to shareholders.

Outlook and Investments

Looking ahead, Matsuda KK plans to start Phase 1 operations of its new Kitakyushu Factory, which is equipped with precious metals recycling functions. This strategic investment is part of the company's efforts to strengthen its revenue base and support sustainable growth.

Summarized from source with an LLMView Source

Key figures

-38.9%1Y

12.2%3Y

8.46%5Y

Performance

43.5%1Y

38.5%3Y

42.4%5Y

Volatility