INTAGE Holdings Reports Increased Sales but Lower Profits

INTAGE Holdings Inc. (JP:4326) has released an update.

INTAGE Holdings Inc. reported an increase in sales across its subsidiaries, with growth in INTAGE Research, KYOWA KIKAKU, INTAGE, and INTAGE TECHNOSPHERE. Despite this, the company experienced a decline in profits due to higher personnel and overhead costs, investment in business expansion, and expenses from a partnership with NTT DOCOMO, Inc. Specifically, there was a significant drop in profit attributable to owners of the parent by 29.9%, and a decrease in ROE from 11.4% to 7.8% year-over-year.

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