Smaregi, Inc. Announces Transition to Consolidated Financial Reporting

Smaregi, Inc. ( (JP:4431) ) has shared an announcement.

Smaregi, Inc. has announced its transition to consolidated financial reporting starting from the third quarter of FY2025, following its acquisition of Netshop Supporters Co., Ltd. This move is expected to impact the company’s financial transparency and operational efficiency, with a full-year consolidated earnings forecast for FY2025 provided. The forecast includes net sales of 10,882 million yen and a profit attributable to owners of 1,592 million yen. The company has recorded provisional goodwill from the acquisition, which will be amortized over a period yet to be finalized. The shift to consolidated reporting signifies a strategic step in Smaregi’s growth and market positioning.

More about Smaregi, Inc.

Smaregi, Inc. operates in the technology industry, focusing on providing point-of-sale (POS) systems and related services. The company is expanding its market presence by acquiring other businesses, such as Netshop Supporters Co., Ltd., to enhance its service offerings and consolidate financial reporting.

YTD Price Performance: -4.08%

Average Trading Volume: 117,136

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen50.37B

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