Linical Co., Ltd. (JP:2183) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Linical Co., Ltd. has revised its financial forecast for the fiscal year ending March 2025, significantly lowering its expectations due to project cancellations in Japan and a medical strike in South Korea. While sales in the U.S. exceeded expectations, challenges in Europe and Japan have impacted the company’s profit outlook. Linical is taking steps to reduce expenses and aims to recover through global sales synergies.
For further insights into JP:2183 stock, check out TipRanks’ Stock Analysis page.