The company reported a strong second quarter result with improved earnings, revenues and profit margins.Second quarter 2022 results:
- Revenue: JP¥162.6b (up 16% from 2Q 2021).
- Net income: JP¥43.0b (up 35% from 2Q 2021).
- Profit margin: 26% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue.
Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.