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Yondoshi Holdings Revises FY2024 Forecast Amid Mixed Sales Performance

Story Highlights
  • Yondoshi Holdings focuses on apparel and brand businesses, enhancing customer experience.
  • The company revised its FY2024 forecast, raising sales but lowering income expectations.
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Yondoshi Holdings Revises FY2024 Forecast Amid Mixed Sales Performance

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Yondoshi Holdings, Inc. ( (JP:8008) ) has provided an update.

Yondoshi Holdings, Inc. has revised its fiscal year 2024 business results forecast, indicating an increase in net sales but a decrease in operating and ordinary income. The revision is influenced by increased sales in the Apparel Business and a decline in sales to male customers during the peak Christmas season, alongside incorporating RASIN Co., Ltd. results post-acquisition, which affected earnings forecasts.

More about Yondoshi Holdings, Inc.

Yondoshi Holdings, Inc. operates in the fashion and apparel industry, focusing on apparel and brand businesses. The company is listed on the Prime Market of the Tokyo Stock Exchange and is involved in enhancing customer experience value, particularly in targeting female customers.

YTD Price Performance: -0.53%

Average Trading Volume: 29,796

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen40.23B

Learn more about 8008 stock on TipRanks’ Stock Analysis page.

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