Operating profit for the quarter reached 153 million yen, showing a modest increase over the previous year's 147 million yen. Pretax profit followed a similar upward trend, rising to 162 million yen from 153 million. The company's earnings per share dropped to 6.71 yen from 6.96 yen a year earlier. These figures were prepared in accordance with Japanese accounting standards.
Jason Co. profit slips despite quarterly revenue growth
Jason Co. Ltd. reported a net profit of 85 million yen for the first quarter ending May 31, a slight decline from the 89 million yen recorded during the same period last year. Despite the bottom-line dip, the Japanese firm saw its quarterly revenue climb to 7.40 billion yen from 6.87 billion.
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