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Pasona Group ( (JP:2168) ) has issued an update.
Pasona Group Inc. has announced an extraordinary loss of ¥2,571 million due to expenses related to its pavilion at the Expo 2025 in Osaka, Japan, which will not be used post-event. This has prompted a revision of its full-year financial forecast, indicating a significant decrease in expected profits. The company plans to mitigate these losses by expanding its digital BPO services and strengthening order acquisition in various segments, although challenges like project delays and adverse weather have impacted its performance. Despite these difficulties, Pasona aims to capitalize on opportunities in its Career Solutions and Regional Revitalization & Tourism Solutions segments to improve profitability in the latter half of the fiscal year.
More about Pasona Group
Pasona Group Inc. is a prominent player in the human resources industry, providing comprehensive staffing and recruitment services, as well as business process outsourcing (BPO) solutions. It focuses on enhancing corporate value through innovative approaches in the wellbeing industry and regional revitalization efforts.
YTD Price Performance: -0.82%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €486.3M
For an in-depth examination of 2168 stock, go to TipRanks’ Stock Analysis page.
