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An announcement from Kakaku ( (JP:2371) ) is now available.
Kakaku.com’s nine-month revenue rose 21.5% to ¥68.9 billion on continuing expansion of its comparison and media platforms, but operating profit slid 4.2% as the mix shift toward newer services and consolidated changes weighed on margins, leaving earnings per share at ¥72.64. Management kept its full-year guidance for ¥92 billion in revenue and ¥28 billion in operating profit despite softer profitability, signaling confidence in demand while stakeholders monitor the integration of LiPLUS Holdings, the divestiture of eiga.com, and the reduced dividend outlook versus the prior year’s special payout.
The most recent analyst rating on (JP:2371) stock is a Hold with a Yen2418.00 price target. To see the full list of analyst forecasts on Kakaku stock, see the JP:2371 Stock Forecast page.
More about Kakaku
Kakaku.com operates online price comparison sites and digital marketplaces, supplying consumer decision tools and advertising-driven services across Japan’s e-commerce and lifestyle information sectors.
Average Trading Volume: 945,986
Technical Sentiment Signal: Sell
Current Market Cap: Yen414.5B
For an in-depth examination of 2371 stock, go to TipRanks’ Overview page.