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GOURMET KINEYA Reports Discrepancy in Fiscal Year Financial Results

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GOURMET KINEYA Reports Discrepancy in Fiscal Year Financial Results

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GOURMET KINEYA CO., LTD. ( (JP:9850) ) has issued an announcement.

GOURMET KINEYA CO., LTD. reported a discrepancy between its forecasted and actual financial results for the fiscal year ending March 31, 2025. While the company’s net sales were slightly lower than expected, profit attributable to owners exceeded forecasts due to deferred income tax recognition. However, operating and ordinary profits were impacted by rising costs and labor shortages. Non-consolidated results showed a decline in ordinary income and profit compared to the previous year due to reduced dividend income and the absence of significant asset sales gains.

More about GOURMET KINEYA CO., LTD.

GOURMET KINEYA CO., LTD. operates in the food industry, focusing on providing gourmet dining experiences. The company is based in Osaka City, Japan, and is listed on the TSE Prime Market under the securities code 9850.

Average Trading Volume: 65,389

Technical Sentiment Signal: Sell

Current Market Cap: Yen22.9B

For detailed information about 9850 stock, go to TipRanks’ Stock Analysis page.

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