Hoosiers Holdings Reports Q1 Loss but Forecasts Annual Gain

Hoosiers Holdings Co.,Ltd. (JP:3284) has released an update.

Hoosiers Holdings Co., Ltd. reported a decrease in net sales by 33.5% and a net loss of 960 million yen in the first quarter of FY3/25, in contrast to the profit reported in the same period of the previous fiscal year. The company’s total assets increased slightly, while net assets decreased, leading to a reduced equity ratio from 23.6% to 22.3%. Despite the downturn, the company forecasts a full-year increase in net sales and profits, projecting an earnings per share of 143.45 yen.

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