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Welcia Holdings Reports ¥13.1 Billion Extraordinary Loss

Story Highlights
  • Welcia Holdings operates drugstores in Japan, offering pharmaceuticals and cosmetics.
  • The company will record a ¥13.1 billion loss due to impaired assets amid declining profitability.
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Welcia Holdings Reports ¥13.1 Billion Extraordinary Loss

Welcia Holdings Co., Ltd. ( (JP:3141) ) has issued an update.

Welcia Holdings Co., Ltd. announced it will record an extraordinary loss of ¥13.1 billion for the fiscal year ended February 28, 2025, due to an impairment loss from noncurrent assets at some subsidiary-operated stores. This decision reflects a decline in profitability from a challenging business environment, impacting the company’s financial results as disclosed in their consolidated financial statements.

More about Welcia Holdings Co., Ltd.

Welcia Holdings Co., Ltd. operates in the retail industry, focusing on the management and operation of drugstores. The company offers a range of products including pharmaceuticals, cosmetics, and daily necessities, primarily targeting the Japanese market.

YTD Price Performance: 13.39%

Average Trading Volume: 841,088

Technical Sentiment Signal: Buy

Current Market Cap: Yen464.9B

For an in-depth examination of 3141 stock, go to TipRanks’ Stock Analysis page.

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