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Solasto Corp. ( (JP:6197) ) has issued an announcement.
Solasto Corporation has revised its financial forecasts for FY2024, projecting a decrease in net sales but a significant increase in profits due to successful structural reforms, particularly in the Smart Hospital and Elderly Care businesses. Despite facing challenges like minimum wage increases, the company anticipates exceeding profit expectations, indicating effective strategic adjustments and improved facility utilization.
More about Solasto Corp.
Solasto Corporation operates in the medical and elderly care industries, providing contract and dispatch services in the Medical Business and managing elderly care facilities in the Elderly Care Business. The company is focused on leveraging structural reforms to enhance operational performance and achieve sustainable growth.
YTD Price Performance: -1.90%
Average Trading Volume: 182,028
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: Yen44.05B
Learn more about 6197 stock on TipRanks’ Stock Analysis page.