CYBOZU <4776> is significantly up. It announced an upward revision of its financial estimate for the FY December 2024 on the previous day. The operating profit has been raised to 41.2 billion yen, a 2-digit increase forecast from the previous estimate of 3.1 billion yen and a 21.3% increase compared to the same period of the previous year. This is partially due to the price system revision of cloud play and cost reduction, such as labor costs. The immediate and positive response comes as the 1st quarter just had a modest 5.8% growth in operating profit YoY.
CYBOZU---大幅続伸、業績予想上方修正で一転2ケタ増益見通しに
CYBOZU - greatly extended, with a turnaround to a double-digit increase in profits due to upward revision of financial estimates.
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