tiprankstipranks
Trending News
More News >

Colowide Reports Impairment Losses Amid Profitability Challenges

Story Highlights

Protect Your Portfolio Against Market Uncertainty

Colowide Co., Ltd. ( (JP:7616) ) just unveiled an announcement.

Colowide Co., Ltd. announced an impairment loss of 3,170 million yen for the fiscal year ending March 31, 2025, as part of a strategic move to enhance profitability in the following year. Despite a revenue increase to 269,156 million yen, the company’s business profit and EBITDA fell short of forecasts due to higher raw material and labor costs, impacting overall profitability.

More about Colowide Co., Ltd.

Colowide Co., Ltd. operates in the food service industry, focusing on restaurant management and food production. The company oversees various subsidiaries, including OOTOYA Holdings Co., Ltd. and COLOWIDE MD Co., Ltd., and aims to improve its market positioning by addressing operational challenges.

Average Trading Volume: 504,200

Technical Sentiment Signal: Hold

Current Market Cap: Yen194.5B

For detailed information about 7616 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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