PARAMOUNT BED HOLDINGS CO LTD

7817

Equity

ISIN JP3781620004 / Valor 12457928

Tokyo Stock Exchange (2024-12-25)

JPY 2,703.00+0.48%

PARAMOUNT BED HOLDINGS CO LTD
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About company

PARAMOUNT BED HOLDINGS CO LTD specializes in the manufacture and sale of medical and nursing care beds and related equipment.

Summarized from source with an LLMView SourceSector: Industrials

Net Sales Decline

PARAMOUNT BED HOLDINGS CO LTD reported a decrease in net sales for the first quarter of the fiscal year ending March 31, 2025. The net sales amounted to ¥23,145 million, reflecting a 4.8% decline compared to the same period in the previous year.

Operating Profit Drop

The company's operating profit for the first quarter also saw a significant drop. PARAMOUNT BED HOLDINGS CO LTD recorded an operating profit of ¥1,593 million, which is a 51.1% decrease from the previous year's first quarter.

Profit Attributable to Owners

Profit attributable to owners of the parent company for the first quarter was ¥2,136 million, marking a 48.9% decline year-on-year. This substantial decrease highlights the challenging economic conditions faced by the company.

Dividends Forecast

PARAMOUNT BED HOLDINGS CO LTD has maintained its dividend forecast for the fiscal year ending March 31, 2025. The company plans to distribute a total annual dividend of ¥97.00 per share, unchanged from the previous forecast.

Future Outlook

Despite the current financial challenges, PARAMOUNT BED HOLDINGS CO LTD remains optimistic about its future. The company has set a target of ¥112,000 million in net sales and ¥14,000 million in operating profit for the fiscal year ending March 31, 2025, indicating a positive outlook for the remainder of the year.

Summarized from source with an LLMView Source

Key figures

-0.88%1Y

41.5%3Y

15.8%5Y

Performance

23.8%1Y

22.7%3Y

25.3%5Y

Volatility