EDION reported consolidated ordinary profit of ¥11.2 billion for the Apr-Jun quarter (first quarter), a 2.3-fold increase year on year. Progress against its first-half plan reached 76.4%. Operating margin on sales also improved, recovering to 5.5% in the Apr-Jun quarter.
EDION announced its earnings on 5 August, reporting consolidated ordinary profit of ¥11.2 billion for the Apr-Jun quarter, up 2.3-fold year on year.
The first-half plan is ¥14.7 billion, and progress in the Apr-Jun quarter reached 76.4%. This was well above the five-year average progress rate of 25.6%.
For the latest three-month period, operating margin on sales improved to 5.5% in the Apr-Jun quarter, from 2.6% a year earlier.
Yamada Holdings, Bic Camera, K's Holdings and Joshin are among the related and comparable stocks cited.