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SRS HOLDINGS Reports Financial Adjustments Amid Strong Sales

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SRS HOLDINGS Reports Financial Adjustments Amid Strong Sales

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SRS HOLDINGS CO.,LTD. ( (JP:8163) ) just unveiled an announcement.

SRS HOLDINGS CO., LTD. announced the recording of non-operating income and extraordinary losses for the fiscal year ended March 31, 2025. The company reversed an allowance for doubtful accounts due to improved performance of its subsidiary, KAZOKUTEI CO., LTD., resulting in non-operating income. However, impairment losses on goodwill and valuation losses on shares of another subsidiary, NIS CO., LTD., were recorded, impacting the financial results. Despite these extraordinary losses, the company’s net sales, operating profit, and ordinary profit exceeded forecasts due to strong demand in the dining sector, though profit attributable to owners fell short due to the recorded losses.

More about SRS HOLDINGS CO.,LTD.

SRS HOLDINGS CO., LTD. operates in the food service industry, focusing on restaurant management and related services. The company is known for its diverse range of dining establishments and has a significant market presence in Japan.

Average Trading Volume: 113,570

Technical Sentiment Signal: Buy

Current Market Cap: Yen48.13B

For an in-depth examination of 8163 stock, go to TipRanks’ Stock Analysis page.

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