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Renaissance, Inc. Reports Q1 Financial Results and Merger with Sports Oasis

Story Highlights
  • Renaissance, Inc. saw a 0.8% increase in net sales but a significant drop in net income.
  • The company completed a merger with Sports Oasis Co., Ltd., impacting future operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Renaissance, Inc. Reports Q1 Financial Results and Merger with Sports Oasis

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The latest announcement is out from Renaissance,Incorporated ( (JP:2378) ).

Renaissance, Incorporated reported its consolidated financial results for the first quarter of the fiscal year ending March 31, 2026, showing a slight increase in net sales by 0.8% compared to the previous year. However, the company faced a decline in operating and ordinary income, with net income attributable to owners of the parent company dropping by 74.1%. The company also completed an absorption-type merger with Sports Oasis Co., Ltd., which may impact its future financial performance and market positioning.

More about Renaissance,Incorporated

Renaissance, Incorporated is a company listed on the Tokyo Stock Exchange, operating under the stock code 2378. The company is involved in the industry of fitness and wellness services, focusing on providing health and fitness solutions to its clients.

Average Trading Volume: 44,389

Technical Sentiment Signal: Buy

Current Market Cap: Yen22.31B

Find detailed analytics on 2378 stock on TipRanks’ Stock Analysis page.

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