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ACOM Co ( (JP:8572) ) just unveiled an update.
ACOM Co., Ltd. has revised its earnings forecast for the fiscal year ended March 2025 due to a significant provision for loss on interest repayment. The company anticipates a shortfall of 40 billion yen, leading to a decrease in expected profits across various metrics. This adjustment reflects a recalculation of interest repayment requests, impacting both consolidated and non-consolidated financial results. Despite a slight increase in operating revenue, the unscheduled provision has led to a substantial reduction in operating and ordinary profits, affecting stakeholders’ expectations.
More about ACOM Co
ACOM Co., Ltd. is a financial services company based in Tokyo, Japan. It primarily operates in the consumer finance industry, offering personal loans and credit card services.
YTD Price Performance: -0.84%
Average Trading Volume: 193
Technical Sentiment Signal: Buy
Current Market Cap: €3.77B
For an in-depth examination of 8572 stock, go to TipRanks’ Stock Analysis page.
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