IRISO Electronics Co., Ltd. (JP:6908) has released an update.
IRISO Electronics Co., Ltd. has announced a downward revision in its financial forecast for the fiscal year ending March 31, 2025, due to lower-than-expected sales in the automotive and industrial markets. Despite stable demand for certain products, rising raw material costs and decreased sales have led to a significant reduction in expected profits. The company plans to maintain its annual dividend at ¥100 per share.
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