Sanrio Co Ltd

8136: XTKS (JPN)
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Sanrio Earnings: Strong Brand and Financial Discipline to Maintain Profitability; Shares Undervalued

Sanrio's September-quarter revenue and operating income grew 31.5% and 42.6% year over year, respectively, mainly driven by robust growth in Japan and Asia. Full-year guidance for revenue and operating income rose to JPY 184 billion and JPY 70 billion, from JPY 169 billion and JPY 67 billion before.

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