IDOM fell sharply after releasing its first-half results. Operating profit was ¥8.77 billion, down 8.6% year on year, and the company announced a downward revision to its earnings forecast and a dividend cut.
IDOM released its first-half results, reporting operating profit of ¥8.77 billion, a year-on-year decline of 8.6%. At the same time, it indicated plans to revise its earnings forecast downward and reduce its dividend.
Reports said that IDOM's share price fell sharply after the results announcement, and investors are watching the company's new earnings outlook and changes to its dividend policy.