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Kakuyasu Group Co., Ltd. ( (JP:7686) ) just unveiled an update.
Kakuyasu Group Co., Ltd. announced an impairment loss of JPY 611 million due to a review of its Quick Delivery and Store Sales businesses, impacting its financial outlook for FY2024. The company revised its earnings forecast downward, citing weakened demand for home delivery and liquor beverages, rising labor and fuel costs, and increased digital transformation investments as contributing factors.
More about Kakuyasu Group Co., Ltd.
Kakuyasu Group Co., Ltd. operates in the retail industry, focusing on quick delivery and store sales, primarily dealing with liquor beverages. The company is listed on the Tokyo Stock Exchange Standard Market.
Average Trading Volume: 27,620
Technical Sentiment Signal: Sell
Current Market Cap: Yen14.36B
For a thorough assessment of 7686 stock, go to TipRanks’ Stock Analysis page.