bearish
3Q Follow-Up - P-Ban.com Corp. (3559 JP)
SUMMARY
- Cumulative 3Q sales came in at ¥1,458 mn (-1.2% YoY), operating profit at ¥75 mn (-38.1% YoY), and net profit at ¥76 mn (-37.0% YoY), marking a substantial drop in profit while the top line remained mostly flat.
- This reflects the company's medium-term management plan, which calls for increased investment in human capital.
- The company disclosed sales by service for the first time in this quarter's financial results, and cited sales expansion through cross-selling of each service as the key to future growth.
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