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Suncorporation ( (JP:6736) ) has issued an update.
Suncorporation announced discrepancies between its forecasted and actual earnings for the fiscal year ending March 31, 2025. Despite strong sales in its Global Data Intelligence and IT businesses, the company faced challenges in its entertainment segment, leading to lower sales and operating profits than anticipated. Contributing factors included delays in product development and increased expenses to strengthen future sales capabilities. However, ordinary profit and earnings per share exceeded expectations due to gains from its affiliate, Cellebrite.
More about Suncorporation
Suncorporation operates in the technology sector, focusing on Global Data Intelligence and IT services. The company also has a presence in the entertainment industry, particularly in the production and shipment of pachinko and pachislot machines.
Average Trading Volume: 40,703
Technical Sentiment Signal: Buy
Current Market Cap: Yen162.6B
For an in-depth examination of 6736 stock, go to TipRanks’ Stock Analysis page.