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The latest announcement is out from Paramount Bed Holdings Co ( (JP:7817) ).
Paramount Bed Holdings Co., Ltd. has revised its medium-term management plan targets for Phase II of ‘Paramount Vision 2030’ due to a challenging business environment. The company has adjusted its sales targets across various sectors, anticipating lower operating profits and EBITDA, while still focusing on expanding its recurring revenue businesses. These changes are driven by rising costs, sluggish domestic demand, and policy trends in key overseas markets, impacting the company’s financial projections and strategic focus.
More about Paramount Bed Holdings Co
Paramount Bed Holdings Co., Ltd. operates in the healthcare industry, focusing on the production and sale of medical and nursing care beds, as well as health promotion products. The company is strategically expanding its recurring revenue businesses and advancing its health promotion business, with a particular focus on key Asian markets.
Average Trading Volume: 125,743
Technical Sentiment Signal: Hold
Current Market Cap: Yen128.7B
See more data about 7817 stock on TipRanks’ Stock Analysis page.