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W-SCOPE Corporation Adjusts Earnings Forecast Amidst Subsidiary Changes
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W-SCOPE Corporation Adjusts Earnings Forecast Amidst Subsidiary Changes

W-SCOPE Corporation. (JP:6619) has released an update.

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W-SCOPE Corporation reports a significant divergence between its projected and actual financial results for the second quarter of the fiscal year ending January 2025, with notable gains in ordinary income and net income attributable to owners. Due to a change in shareholding in a subsidiary, the company is unable to provide a full-year earnings forecast and has thus withdrawn its previous projections until further notice. This decision follows a substantial increase in sales volumes to Europe and foreign exchange gains, despite increased freight costs and operational challenges.

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