FilingReader Intelligence
Advan FY2025 earnings dip amid yen weakness, labor challenges
April 8, 2025 at 12:03 PM UTC•By FilingReader AI
Advan (TSE:7463) has announced a shortfall in its FY2025 earnings compared to previous forecasts, primarily blaming a weaker JPY impacting import costs, labor shortages, and delays in large construction projects. Revenue reached ¥18.518B, which is down 8.8% year-over-year and 15.8% lower than the previous forecast. Operating profit declined by 20% to ¥3.150B.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
TSE:7463•Tokyo Stock Exchange
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