Frontier Management, Inc. (JP:7038) has released an update.
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Frontier Management Inc. has revised its earnings forecast for 2024, anticipating a significant drop in net sales and income, largely due to underperformance in its M&A advisory business. Despite an increase in personnel and consulting demand, the company expects a loss, prompting measures such as cost reduction and structural reforms to address poor business performance. Frontier Management aims to revamp its management strategies, focusing on productivity improvements and strengthening its M&A business to stabilize future earnings.
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