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Goodcom Asset Revises Earnings Forecast Amid Rising Costs

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Goodcom Asset Revises Earnings Forecast Amid Rising Costs

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The latest announcement is out from Good Com Asset Co.,Ltd. ( (JP:3475) ).

Goodcom Asset Co., Ltd. has revised its consolidated earnings forecast for the fiscal year ending October 2025 due to a significant decline in retail sales to civil servants, attributed to rising construction costs and condominium prices. Despite forming two private placement funds and acquiring two companies, the company reported a segment loss of approximately ¥1.2 billion. To counteract these challenges, Goodcom has established a new Wealth Consulting Department to target wealthy clients and maintain its dividend forecast at ¥45 per share, prioritizing shareholder returns.

The most recent analyst rating on (JP:3475) stock is a Hold with a Yen1382.00 price target. To see the full list of analyst forecasts on Good Com Asset Co.,Ltd. stock, see the JP:3475 Stock Forecast page.

More about Good Com Asset Co.,Ltd.

Goodcom Asset Co., Ltd. operates in the real estate industry, focusing on real estate fund business and mergers and acquisitions (M&A). The company targets growth through private placement funds and expanding its market reach.

Average Trading Volume: 291,496

Technical Sentiment Signal: Buy

Current Market Cap: Yen35.19B

For a thorough assessment of 3475 stock, go to TipRanks’ Stock Analysis page.

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