Arbeit-Times revises FY2025 forecast, records impairment loss

Arbeit-Times has announced a revision to its consolidated earnings forecast for the fiscal year ending February 2025, citing an extraordinary loss of JPY552 million due to impairment losses related to its core system restructuring. This system overhaul, initiated four years ago, faced unforeseen development costs and the viability of commercial software alternatives, prompting a reassessment of future revenue and cost savings.