Imagica Group, Inc. (JP:6879) has released an update.
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Imagica Group Inc. has revised its full-year financial forecast for the fiscal year ending March 2025, anticipating lower net sales and a shift to a net loss compared to earlier projections. The company attributes this downturn to decreased overseas demand and challenges in its Production Technology Services and post-production TV services, despite expecting stronger performance in its Content Creation and publishing sectors. Cost reduction measures are underway to address these financial challenges.
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