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E.J Holdings Inc. Revises Financial Forecasts Amid Acquisition Impact

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E.J Holdings Inc. Revises Financial Forecasts Amid Acquisition Impact

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E.J Holdings Inc. ( (JP:2153) ) has provided an update.

E.J Holdings Inc. has revised its full-year financial forecasts, projecting net sales to increase by 10.4% to 42.5 billion yen, driven by the acquisition of TOKYO SOIL RESEARCH Co., LTD. However, operating profit and net income are expected to decrease due to increased costs related to system implementation and office relocations, despite improved productivity and extraordinary gains from investment securities sales. The annual dividend remains unchanged.

More about E.J Holdings Inc.

E.J Holdings Inc. operates in the industry of diversified services, focusing on providing comprehensive solutions through its group companies. The company is listed on the Prime Market of the Tokyo Stock Exchange and has recently expanded its market presence through the acquisition of TOKYO SOIL RESEARCH Co., LTD.

YTD Price Performance: -6.35%

Average Trading Volume: 28,826

Technical Sentiment Signal: Buy

Current Market Cap: Yen24.17B

For detailed information about 2153 stock, go to TipRanks’ Stock Analysis page.

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