Kasai Kogyo’s FY 2019/20 net sales drops 10% y/y to USD1.9 billion

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Financial results

Japanese supplier refrains from giving financial guidance for FY 2020/22 due to unprecedented uncertainty because of COVID-19 pandemic

Kasai Kogyo has reported 10% year-over-year (y/y) decline in net sales to JPY204.6 billion (USD1.9 billion) in the financial year ended 31 March 2020, the company said in a press release on 1 July.

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