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Mie Kotsu Group Revises Mid-term Plan Targets Amid Strong Performance

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Mie Kotsu Group Revises Mid-term Plan Targets Amid Strong Performance

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Mie Kotsu Group Holdings, Inc. ( (JP:3232) ) just unveiled an announcement.

Mie Kotsu Group Holdings, Inc. has revised its numerical targets for the final fiscal year of its Mid-term Management Plan (2023–2026) due to stronger-than-expected performance, particularly in its business hotel operations. The revisions reflect the company’s improved earnings outlook, driven by a robust recovery in leisure demand and inbound tourism, with operating profit and profit attributable to owners of the parent both seeing upward adjustments.

More about Mie Kotsu Group Holdings, Inc.

Mie Kotsu Group Holdings, Inc. operates in the transportation, real estate, distribution, and leisure services industries. The company focuses on expanding its earnings base through strategic investments in its Real Estate segment, while also benefiting from recovering demand in its Transportation, Distribution, and Leisure Services segments.

Average Trading Volume: 179,980

Technical Sentiment Signal: Sell

Current Market Cap: Yen49.24B

Find detailed analytics on 3232 stock on TipRanks’ Stock Analysis page.

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