Lion <4912> rebelled drastically. Financial results for the 3rd quarter were announced the day before, and cumulative operating profit landed at 17.1 billion yen, up 36.7% from the same period last year. The increase in gross margin due to increased overseas sales and the effects of profit structure reforms for general consumer goods were factors in the drastic increase in profit. An impairment loss recording aimed at improving the production efficiency of fabric care has been newly announced, but it seems that asset sales etc. are also being considered, and full-year forecasts have remained unchanged.
ライオン---大幅反発、第3四半期累計の営業利益は前年同期比36.7%増
Lion - significant rebound, operating profit for the cumulative third quarter increased by 36.7% year-on-year.
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