Cerespo expects loss due to antitrust provision, revises forecast
Cerespo (TSE: 9625) announced today that it will record an extraordinary loss of JPY1,023.19 million in the fiscal year ending March 31, 2025, due to the provision for losses related to antitrust law. This stems from a Fair Trade Commission order concerning potential violations. As a result, the company has revised its full-year earnings forecast. While sales are now projected to reach JPY13,680 million, up from the previous forecast of JPY13,500 million, the company now anticipates a net loss of JPY808 million, a significant downturn from the previously projected profit of JPY180 million. Cerespo maintains its initial dividend forecast.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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