Allied Architects announces strategic shift amidst financial restructuring

Allied Architects (TSE:6081) has announced a strategic business overhaul, highlighted in its full-year financial results presentation for the fiscal year ending December 2024. Despite facing setbacks, including a ¥459 million loss, the company is enacting measures to regain financial footing. The company is retreating from overseas ventures, including the dissolution of SuperFaction and Othello in Q4 2024 and the planned sale of Book&Entries by the end of 2025. To offset these losses, Allied Architects will focus on domestic marketing and realigning resources for an expected ¥2.5 billion in revenue.