Kaixia's first-quarter net profit fell short of market expectations

On July 31, Japan's Kixia's first-quarter operating profit was 1.27 trillion yen, compared with 44.90 billion yen in the same period last year. Market expectations were 1.37 trillion yen. Net profit for the first quarter was 842.17 billion yen, compared with 18.28 billion yen in the same period last year, and market expectations were 973.81 billion yen. Kaixia will split the stock with 1 share to 3 shares and announce a share repurchase plan. (Jin Shi)