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Money Talk

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Juntendo Net Profit Climbs to 632 Million Yen in First Half

Juntendo Co. Ltd. reported a net profit of 632 million yen for the six-month period ending August 31, representing a steady increase from the 572 million yen recorded during the same timeframe last year. Despite the bottom-line growth, the company saw its total revenue contract to 22.52 billion yen.

Juntendo Net Profit Climbs to 632 Million Yen in First Half

The Japanese retailer’s performance figures, released under domestic accounting standards, highlight a focus on profitability despite softer top-line results. Operating profit rose to 958 million yen from 871 million yen, while pretax profit reached 918 million yen compared to 850 million yen in the prior year. Earnings per share grew to 77.96 yen, up from 70.61 yen previously. Juntendo maintained its dividend strategy, reporting no midyear payout while forecasting a year-end dividend of 10.00 yen.

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