HIS Reports Final Deficit of ¥2.618 Billion for FY2023 with Expected Return to Profitability in FY2024

HIS Reports Final Deficit of ¥2.618 Billion for FY2023 with Expected Return to Profitability in FY2024

H.I.S. (HIS) has announced its consolidated financial results for the fiscal year ending October 2023. The company reported a net loss of ¥2.618 billion (compared to a loss of ¥9.547 billion in the previous fiscal year).

Total sales reached ¥251.866 billion, with an operating income of ¥1.397 billion and ordinary income of ¥1.446 billion.

For the fiscal year ending October 2024, the company forecasts total sales of ¥160 billion, operating income of ¥1.8 billion, and ordinary income of ¥0.9 billion, with a net profit of ¥0.3 billion anticipated. A year-end dividend of ¥10 per share is expected, signaling a return to dividend payouts.


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