Tamura reports mixed Q1 results despite sales growth

Tamura Corporation reported sales growth of 18.1% to 28.9 billion yen and operating profit up 7.8% to 1.2 billion yen for the first quarter ending June 30.

However, ordinary profit fell 34.7% to 923 million yen and net income plunged 69.1% to 246 million yen due to foreign exchange losses.

The company maintained its full-year forecast despite the mixed results.