Profits flat in Q3 for Gakujo
Tokyo-based Gakujo Co. Ltd has released its financial results for the third quarter of the fiscal year ending October 2017.
President and representative director, Kiyokazu Nagai, reported that net sales for the period were ¥4,094m, up just over 4%. However, the company recorded profits of ¥804m down less than 1%. Nagai-san is forecasting full year net sales of ¥5,800m and net income of ¥1,208m, up 25% on the previous year.