Bengo4.com, Inc. ( (JP:6027) ) has shared an announcement.
Bengo4.com, Inc. has revised its financial forecasts for the fiscal year ending March 31, 2025, citing lower than expected sales in its Media and IT/Solutions businesses. Despite this, the company reports strong demand for its core CloudSign service, achieving record highs in new recurring revenue. The company’s strategic focus on cost reduction and upfront investments aims to create a more profitable structure, with significant profit growth anticipated in the next fiscal year. An extraordinary income from the sale of investment securities will contribute to the revised profits, highlighting Bengo4.com’s efforts to improve its revenue structure amid a competitive global landscape.
More about Bengo4.com, Inc.
Bengo4.com, Inc. operates in the IT/Solutions industry, providing digital services such as electronic contract solutions through its CloudSign service. The company also engages in media business with conference advertising services and recruitment services, focusing on specialized areas beyond the legal sector.
YTD Price Performance: 30.39%
Average Trading Volume: 266,066
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen67.08B
See more insights into 6027 stock on TipRanks’ Stock Analysis page.