FilingReader Intelligence
Sakura Internet cuts forecast after AI project termination
July 28, 2025 at 12:02 PM UTC•By FilingReader AI
Sakura Internet revised its fiscal 2026 forecast after terminating a large-scale AI project, cutting expected revenue to 36.5bn yen from 40.4bn yen and net profit to 200m yen from 2.4bn yen.
Despite the setback, first-quarter revenue jumped 26.2% to 7.492bn yen, a record. The company will refocus on high-value AI and cloud services.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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TSE:3778•Tokyo Stock Exchange
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