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Kitazawa Sangyo Falls into the Red with a 28 Million Yen Consolidated Ordinary Loss in the April–June Quarter
Kitazawa Sangyo announced after the close on August 10 that its consolidated ordinary loss for the first quarter of the fiscal year ending March 2027, covering April to June, came to 28 million yen, swinging from a profit of 11 million yen in the same period a year earlier. The operating profit margin on sales worsened to minus 2.4 percent from minus 0.7 percent a year ago.