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Kakiyasu Honten Reports Discrepancy in Earnings and Records Impairment Loss

Story Highlights
  • Kakiyasu Honten operates in the food industry and is listed on the Tokyo Stock Exchange.
  • The company faced lower profits due to rising costs and recorded an impairment loss.
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Kakiyasu Honten Reports Discrepancy in Earnings and Records Impairment Loss

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Kakiyasu Honten Co., Ltd. ( (JP:2294) ) has shared an announcement.

Kakiyasu Honten Co., Ltd. reported a discrepancy between its earnings forecasts and actual results for the fiscal year ended April 2025. Despite strong net sales, the company experienced lower operating and ordinary profits due to increased raw material costs and personnel expenses. Additionally, a significant impairment loss was recorded due to decreased profitability in some stores, impacting the profit attributable to owners of the parent.

More about Kakiyasu Honten Co., Ltd.

Kakiyasu Honten Co., Ltd. operates in the food industry, focusing on the production and sale of various food products. The company is listed on the Prime Market of the Tokyo Stock Exchange under the stock code 2294.

Average Trading Volume: 53,068

Technical Sentiment Signal: Hold

Current Market Cap: Yen28.29B

Learn more about 2294 stock on TipRanks’ Stock Analysis page.

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