tiprankstipranks
SAN HOLDINGS Revises Financial Forecasts After KIZUNA Acquisition
Company Announcements

SAN HOLDINGS Revises Financial Forecasts After KIZUNA Acquisition

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

San Holdings, Inc. (Japan) ( (JP:9628) ) has provided an announcement.

SAN HOLDINGS, INC. has revised its financial forecast for the fiscal year ending March 31, 2025, following the acquisition of KIZUNA HOLDINGS Corp. The acquisition has expanded SAN HOLDINGS’ operations to 15 prefectures and increased its number of company-operated funeral halls to 262. The revised forecast projects higher operating revenue due to the consolidation but includes costs related to the acquisition, resulting in a slight decrease in profit attributable to owners.

More about San Holdings, Inc. (Japan)

SAN HOLDINGS, INC. operates in the funeral services industry, with a focus on providing reliable and trusted services across Japan. The company has expanded its business area significantly by acquiring KIZUNA HOLDINGS Corp., which operates numerous family funeral halls.

YTD Price Performance: -11.57%

Average Trading Volume: 30,578

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen22.4B

Learn more about 9628 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App