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Asukanet Co., Ltd. Reports Fiscal Year 2025 Financial Results and Forecasts Recovery

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Asukanet Co., Ltd. Reports Fiscal Year 2025 Financial Results and Forecasts Recovery

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Asukanet Company, Limited ( (JP:2438) ) just unveiled an announcement.

Asukanet Co., Ltd. reported its consolidated financial results for the fiscal year ending April 30, 2025, showing a slight increase in net sales by 3.2% to 7,263 million yen. However, the company experienced a significant decline in operating income and ordinary income by over 60%, with a net loss attributable to owners of the parent amounting to 263 million yen. The financial position indicates a decrease in total assets and net assets, with a slight drop in the equity ratio. Despite these challenges, the company maintains its annual dividend at 7.00 yen per share. Looking ahead, Asukanet forecasts a recovery in profitability for the fiscal year ending April 30, 2026, with expected increases in net sales and income figures.

More about Asukanet Company, Limited

Asukanet Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating in the industry of advanced technology solutions. The company is focused on providing innovative products and services, with a market focus on leveraging cutting-edge technologies to enhance user experiences.

Average Trading Volume: 64,273

Technical Sentiment Signal: Sell

Current Market Cap: Yen7.3B

See more insights into 2438 stock on TipRanks’ Stock Analysis page.

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