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The latest announcement is out from SAKURA Internet Inc. ( (JP:3778) ).
SAKURA Internet Inc. has announced the recognition of extraordinary income and loss in its financial records due to national subsidies amounting to 1,623,062 thousand yen for its investment in GPU cloud services, alongside a tax-purpose reduction entry of non-current assets, recording a loss of 1,622,590 thousand yen. Despite these financial adjustments, the company expects minimal impact on its consolidated financial results for the fiscal year ending March 2025.
More about SAKURA Internet Inc.
SAKURA Internet Inc. is a company listed on the Tokyo Stock Exchange, known for its involvement in the technology industry, specifically focusing on internet services and cloud computing solutions.
YTD Price Performance: -3.48%
Average Trading Volume: 3,514,891
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen169.9B
For detailed information about 3778 stock, go to TipRanks’ Stock Analysis page.