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Park24 Revises Full-Year Forecast Amid Extraordinary Loss

Story Highlights
  • Park24 revises its full-year earnings forecast after interim results show discrepancies.
  • An extraordinary loss from a pension plan termination significantly impacted profits.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Park24 Revises Full-Year Forecast Amid Extraordinary Loss

Elevate Your Investing Strategy:

The latest announcement is out from Park24 Co ( (JP:4666) ).

Park24 Co., Ltd. announced a revision to its full-year earnings forecast for the fiscal year ending October 31, 2025, following a discrepancy between interim forecasts and actual results. The company reported a significant drop in profit attributable to owners due to an extraordinary loss from terminating a retirement benefit plan for an overseas subsidiary. Despite this, net sales and operating profits remained close to initial forecasts, and the annual dividend forecast remains unchanged.

The most recent analyst rating on (JP:4666) stock is a Buy with a Yen3100.00 price target. To see the full list of analyst forecasts on Park24 Co stock, see the JP:4666 Stock Forecast page.

More about Park24 Co

Park24 Co., Ltd. operates in the parking and mobility services industry, providing parking facilities and related services primarily in Japan. The company focuses on enhancing urban mobility and convenience through its extensive network of parking spaces and innovative mobility solutions.

Average Trading Volume: 685,591

Technical Sentiment Signal: Hold

Current Market Cap: Yen327.4B

See more data about 4666 stock on TipRanks’ Stock Analysis page.

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