JSP Corp. (JSPCF) on Monday reported higher profit for the first quarter, compared to the same period last year, despite slightly lower net sales.
Quarterly profit attributable to owners of parent increased 3.4 percent to 1.293 billion yen from 1.250 billion yen in the same quarter last year.
Earnings per share increased to 49.35 yen from 47.73 yen a year ago.
Ordinary profit, meanwhile, declined 22.1 percent to 1.279 billion yen from 1.642 billion yen a year earlier.
Operating profit decreased 3 percent to 1.253 billion yen from 1.292 billion yen last year.
Net sales for the quarter edged down 0.3 percent to 34.392 billion yen from 34.496 billion yen in the year-ago quarter.
JSP Corp. has maintained its full-year dividend forecast of 80 yen per share for the fiscal year ending March 31, 2026.
For fiscal 2025, the company now forecasts net sales of 142 billion yen and profit attributable to owners of parent of 4.80 billion yen.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.