Fujimi reports mixed Q1 results despite sales growth

Fujimi Inc reported consolidated net sales of 16,394 million yen for the first quarter, up 11.2% year-over-year. Operating profit rose 24.1% to 3,257 million yen.

However, net profit attributable to shareholders fell 10.4% to 1,862 million yen, partly due to foreign exchange losses. The company maintained its full-year forecast of 65,300 million yen in net sales.