TSE:6644Electronic
Osaki Electric (TSE:6644) Stock Faces One Off Profit Questions After Q1 Jump
Osaki Electric stock has drifted over the past month and is still sharply down over 90 days, yet the latest earnings print tells a different story. The company opened its new fiscal year with Q1 revenue of ¥22,922m and basic earnings per share of ¥26.78. This keeps trailing earnings power and margins on a firmer footing than a year ago. The catch is that the last twelve months still include a very large one off gain of ¥4.4b, which makes this quarter a key test of how much profit strength is...