Sangetsu FY24 sales hit record, FY25 forecast revised

Sangetsu Corporation (TSE: 8130) today announced its financial results for fiscal year 2024, ended March 31, 2025, revealing record net sales of JPY200.37 billion, a 5.5% increase year-over-year. However, operating profit declined by 4.9% to JPY18.17 billion, and profit attributable to owners of the parent decreased by 12.1% to JPY12.56 billion. The company attributed sales growth to strong performance in both its domestic interior segment and North American business, while profit declines were associated with increased costs.