Ichikoh’s FY 2020 sales declines 14.4% y/y to USD1.1 billion

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Financial results

Company expects FY 2021 net sales to reach JPY130 billion

Ichikoh Industries, a Valeo company, has reported a 14.4% year-on-year (y/y) decline in net sales to JPY113.8 billion (USD1.1 billion) for the fiscal year ended 31 December 2020, according to a company press release on 12 February

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