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The latest announcement is out from LIFULL Co ( (JP:2120) ).
LIFULL Co., Ltd. announced a revision of its consolidated financial results forecast for the fiscal year ending September 30, 2025, due to the transfer of its overseas subsidiary LIFULL CONNECT and acquisition of fixed assets from Rakuten Stay Inc. The company has adjusted its financial projections by excluding revenue and expenses from its overseas segment while incorporating expected revenue and expenses from the recent asset acquisition. Despite anticipated reductions in revenue and operating profit, the company expects its net profit to align with initial forecasts. These changes reflect strategic moves and current business trends, although the full impact of accounting treatments related to the deconsolidation of LIFULL CONNECT is still under review.
More about LIFULL Co
The LIFULL Group operates in the real estate information services industry, providing internet-based platforms such as LIFULL HOME’S, one of Japan’s largest real estate portals, and Kenbiya for investment real estate in Japan. The company focuses on enriching its users’ lives by offering relevant information and assistance, and has been optimizing its management resources for core domestic services since 2021.
YTD Price Performance: -33.56%
Average Trading Volume: 660
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $171.8M
For a thorough assessment of 2120 stock, go to TipRanks’ Stock Analysis page.
