Operating profit for the firm dropped to 1.62 billion yen, less than half of the 4.10 billion yen generated a year earlier. Pretax profit followed a similar downward trajectory, settling at 1.21 billion yen compared to 2.51 billion yen in the prior fiscal cycle. These figures, reported under Japanese accounting standards for the year ended December 31, reflect a challenging period of contraction for the company. Earnings per share have consequently dipped into negative territory at 5.26 yen, contrasting with the 243.15 yen per share profit recorded during the previous year.
In section Market Quotes
Take & Give. Needs Swings to Annual Loss Amid Revenue Slump
A 76 million yen net loss marks the fiscal year for Take & Give. Needs Co. Ltd., a sharp reversal from the 3.55 billion yen profit reported in the previous period. The Tokyo-listed wedding service provider saw its annual revenue contract to 35.71 billion yen, down significantly from 47.67 billion yen.
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