Sun Asterisk Revises Forecast Amid Sales Challenges

Sun Asterisk, Inc. (JP:4053) has released an update.

Sun Asterisk Inc. has revised its full-year financial forecasts due to challenges in securing new large-scale projects and a weaker yen, despite a 7.7% increase in third-quarter sales. The company anticipates declines in operating and ordinary income, and plans to bolster shareholder returns through treasury stock acquisition and a new benefit program. Efforts to enhance sales and marketing, particularly through its Vietnamese subsidiary, are ongoing to improve future performance.

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