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An update from Oricon Inc. ( (JP:4800) ) is now available.
Oricon Inc. reported its consolidated financial results for the nine-month period ending December 31, 2024, showing a 2.2% increase in net sales compared to the previous year. Despite the rise in net sales, the company experienced declines in operating and ordinary profits, with a slight increase in net income attributable to owners of the parent. The financial position reflects an increase in total assets and net assets, although the equity ratio decreased. The company forecasts a positive outlook for the fiscal year ending March 31, 2025, with expected increases in net sales and profits. Oricon Inc. also incorporated a new company, ShinASA INC., into its consolidated financial statements during this period.
More about Oricon Inc.
Oricon Inc. is a company listed on the Tokyo Stock Exchange and is known for its operations in the media and entertainment industry. The company primarily focuses on providing music chart ranking services, entertainment news, and related content, catering to the Japanese market.
YTD Price Performance: -1.58%
Average Trading Volume: 13,661
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen10.86B
See more insights into 4800 stock on TipRanks’ Stock Analysis page.
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