Ride On Express Holdings FY2025 profit declines amidst sales dip

Ride On Express Holdings announced its consolidated financial results for the fiscal year ended March 31, 2025, revealing a slight decline in net sales to JPY23,393 million, a 2.5% decrease year-over-year. Operating profit also saw a decrease of 26.8%, settling at JPY781 million. The company's profit attributable to owners of the parent fell by 8.6% to JPY333 million. Basic earnings per share were reported at JPY34.15.