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ISB CORP (Japan) ( (JP:9702) ) just unveiled an update.
ISB Corporation reported a 4.8% increase in net sales for the year ended December 31, 2024, reaching 33,954 million yen. Despite a modest rise in operating and ordinary profits, the company achieved a substantial 38% increase in profit attributable to owners of the parent, amounting to 2,032 million yen. The company’s financial position strengthened with an increase in total assets and net assets, and a higher equity ratio. However, the forecast for 2025 indicates a decline in profits despite an expected increase in net sales, suggesting potential challenges in maintaining profitability.
More about ISB CORP (Japan)
ISB Corporation, listed on the Tokyo Stock Exchange under the stock code 9702, operates within the technology sector, focusing on providing software solutions and IT services. The company is known for its innovative approach to technology and has a significant presence in the Japanese market.
YTD Price Performance: 1.83%
Average Trading Volume: 34,092
Technical Sentiment Signal: Sell
Current Market Cap: Yen15.92B
For a thorough assessment of 9702 stock, go to TipRanks’ Stock Analysis page.