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Tachi-S’s FY 2020/21 net sales drop 29.7% y/y to USD1.8 billion

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Financial results

Net sales for the year declined owing largely to the spread of the COVID-19 virus

Japanese interior parts supplier Tachi-S has reported a 29.7% year-on-year (y/y) decline in net sales to JPY198.5 billion (USD1.8 billion) for the fiscal year ended 31 March 2021, according to a company press release on 14 May.

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