WOWOW INC. ( (JP:4839) ) has shared an update.
WOWOW INC. has announced the recording of non-operating income and extraordinary losses for the fiscal year ending March 31, 2025, leading to a revision of its financial results forecast. The company expects to record 373 million yen as non-operating income from its equity method investments and 586 million yen in impairment losses related to its subsidiary, Frost International Corporation. These adjustments have resulted in an upward revision of the company’s full-year financial forecast, with significant increases in revenue and profit expectations, indicating a positive outlook despite the extraordinary losses.
More about WOWOW INC.
WOWOW INC. operates in the broadcasting industry, focusing on satellite television services. The company is known for providing a wide range of entertainment content, including movies, sports, and original programming, primarily targeting the Japanese market.
YTD Price Performance: 11.69%
Average Trading Volume: 28,855
Technical Sentiment Signal: Hold
Current Market Cap: Yen29.26B
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