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Members Co., Ltd. Reports Increased Revenue Amid Non-Consolidated Transition

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Members Co., Ltd. Reports Increased Revenue Amid Non-Consolidated Transition

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Members Co., Ltd. ( (JP:2130) ) has shared an announcement.

Members Co., Ltd. reported its non-consolidated financial results for the nine months ended December 31, 2024, showing a revenue increase of 9.9% year-on-year. Despite this growth, the company recorded an operating loss, though it has plans to improve profitability by the fiscal year ending March 31, 2025. The absorption-type merger with Members Energy Co., Ltd. led to a transition to non-consolidated reporting, impacting financial statement comparisons. The company anticipates a positive earnings forecast for the full fiscal year, indicating strategic efforts for financial recovery and stability.

More about Members Co., Ltd.

Members Co., Ltd. is a company listed on the Tokyo Stock Exchange, operating primarily in the business services industry. The company focuses on offering solutions within the business platform sector.

YTD Price Performance: -4.70%

Average Trading Volume: 53,083

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen13.25B

For a thorough assessment of 2130 stock, go to TipRanks’ Stock Analysis page.

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