FilingReader Intelligence

Ichigo Q1 net income falls 35% despite record earnings track

July 17, 2025 at 04:46 PM UTCBy FilingReader AI

Ichigo reported Q1 consolidated net income of 2.33bn yen, down 35.1% year-on-year, despite All-In Operating Profit reaching 4.7bn yen.

Asset Management drove growth with a 55.5% increase, while the Hotel segment's All-In Operating Profit rose 47.4%. Ichigo Owners saw a 98.8% decline due to increased leasing costs.

The company remains on track for record full-year earnings and maintains its 11.5 yen 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

TSE:2337Tokyo Stock Exchange

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