Tag: Japan: Tokyo Steel reports decline in H1 FY2024 results amid sluggish export markets
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Japan: Tokyo Steel reports 8% y-o-y decline in sales in H1FY’24 on sluggish export demand
Japan Metal Daily: Tokyo Steel reported a decline in its non-consolidated financial results for the first half of FY2024 (April-September 2024). Net sales dipped 7.9% y-o-y to JPY 174.27 billion, primarily due to a decrease in export volumes amidst sluggish overseas markets. Operating income, ordinary income, and net income also witnessed significant y-o-y declines of…