bullish
AViC (9554 JP) - 2Q Follow Up
SUMMARY
- AViC announced its 2HFY9/23 earnings on May 15.
- For 1H,Oct.–Mar., AViC posted net sales of ¥730 mn, +30.1% YoY, and operating profit of ¥140 mn, a slight year-on-year decline of 5.1%.
- On account of a deterioration in the funding environment for start-up companies, AViC lost some of its start-up clients, which account for a percentage of clients that is not insignificant, and saw others cut their budget.
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