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The latest announcement is out from RAKUS Co., Ltd. ( (JP:3923) ).
RAKUS Co., Ltd. has reported steady growth in its cloud business despite limited impacts from a postal rate hike, with consistent customer acquisition. In its IT outsourcing division, enhanced sales activities have maintained high engineer utilization, boosting revenue. The company aims to improve profit margins while achieving the targets outlined in its Medium-Term Management plan, with significant profit increases attributed to sales growth and strategic advertising cost adjustments.
More about RAKUS Co., Ltd.
RAKUS Co., Ltd. operates in the cloud technology and IT outsourcing sectors, offering services such as Raku Raku Meisai, which is a core service within the company. The company focuses on leveraging cloud-based solutions and IT outsourcing to drive business efficiency and revenue growth.
YTD Price Performance: 8.96%
Average Trading Volume: 845,169
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen366.9B
For an in-depth examination of 3923 stock, go to TipRanks’ Stock Analysis page.