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An update from Take and Give. Needs Co., Ltd. ( (JP:4331) ) is now available.
Take and Give. Needs Co., Ltd. announced an extraordinary loss for the fiscal year ending March 31, 2025, due to an impairment loss of 820 million yen from a review of fixed assets like wedding venues. The company also reported discrepancies between its earnings forecast and actual results, with net sales exceeding expectations but operating and ordinary income falling short due to increased advertising expenses and competitive pressures. Despite a rise in the unit price per wedding, it was insufficient to offset the higher costs, leading to a significant difference in net income attributable to owners of the parent.
More about Take and Give. Needs Co., Ltd.
Take and Give. Needs Co., Ltd. operates in the wedding industry, focusing on providing wedding venues and related services in Japan. The company also engages in the hotel business and other related sectors, aiming to enhance its market presence through strategic advertising and sales activities.
Average Trading Volume: 51,359
Technical Sentiment Signal: Hold
Current Market Cap: Yen13.25B
Learn more about 4331 stock on TipRanks’ Stock Analysis page.