Mutoh Holdings Report Sales Up 0.64% and Income Up 47.7%

TOKYO, Japan – November 2023 – Mutoh Holdings has released its financial report for the quarter ending September 2023, revealing a 0.64% increase in sales and an impressive 47.7% surge in net income. The company reported sales of USD 38.88 million (Yen 4.24 billion), marking an uptick from the previous quarter’s USD 38.6 million (Yen 4.21 billion). Net income also witnessed substantial growth, reaching USD 2.55 million (Yen 282 million) compared to the previous quarter’s USD 1.73 million (Yen 191 million), reflecting a remarkable 47.7% increase.