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ENECHANGE Ltd. Targets Profit Growth Amid Competitive Energy Market

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ENECHANGE Ltd. Targets Profit Growth Amid Competitive Energy Market

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Enechange Ltd. ( (JP:4169) ) has provided an announcement.

ENECHANGE Ltd. has set a mid-term management plan with an adjusted EBITDA target of 1.25 billion JPY, focusing on profit growth and operating cash flow under the ‘ENECHANGE2.0’ initiative. The company aims to achieve sustainable growth through strategic investments, M&A, and leveraging digital technologies to manage costs effectively. Despite the competitive energy switching market, ENECHANGE plans to maintain competitiveness by expanding services and focusing on new solution areas, contributing to a forecasted profit increase over the next three years.

More about Enechange Ltd.

ENECHANGE Ltd. operates in the energy industry, providing solutions such as energy switching support, SaaS and system development, core system development for new entrant electricity retailers, power supply support, and decentralized resource provision and control. The company focuses on enhancing its market presence by offering value-added solutions to both consumers and businesses.

Average Trading Volume: 322,273

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen12.83B

For detailed information about 4169 stock, go to TipRanks’ Stock Analysis page.

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