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Nichicon’s Q1 net profit down 18.9% y/y to USD8.6 million

Net sales during the 3-month period increased by 1.2% y/y to JPY29.2 billion

Nichicon has reported a drop of 18.9% year-on-year (y/y) in its net profit to JPY934 million (USD8.6 million) for the first quarter ended 30 June 2019, according to a company press release on 9 August.

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