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LITALICO Inc. Reports Earnings Discrepancy Due to Business Sale

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LITALICO Inc. Reports Earnings Discrepancy Due to Business Sale

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The latest update is out from LITALICO Inc. ( (JP:7366) ).

LITALICO Inc. announced a discrepancy between its forecasted and actual earnings for the fiscal year ending March 2025, primarily due to the sale of nCS Co., Ltd. This sale led to a reclassification of business operations, impacting revenue figures. Despite lower-than-expected revenue, operating profit and profit attributable to owners exceeded forecasts due to strong performance in the Child Welfare segment and effective cost management.

More about LITALICO Inc.

LITALICO Inc. operates in the welfare industry, focusing on services for children and individuals with disabilities. The company is listed on the Tokyo Prime Exchange and is known for its commitment to enhancing the quality of life for its clients through specialized support and educational services.

Average Trading Volume: 159,371

Technical Sentiment Signal: Hold

Current Market Cap: Yen44.64B

For a thorough assessment of 7366 stock, go to TipRanks’ Stock Analysis page.

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