Genie <6562> announced on the 14th the recognition of qitabankuai and the upward revision of the financial estimates for the fiscal year ending March 2025, which will be published on May 14, 2024.
As a result of a third-party allocation capital increase during the interim consolidated accounting period for the fiscal year ending March 2025, its consolidated subsidiary JAPAN AI became accounted for using the equity method, and recognized a volatility profit of 0.328 billion yen as "qitabankuai."
Furthermore, regarding the financial estimates for the fiscal year ending March 2025, sales revenue is expected to increase by 17.6% compared to the previous estimate to 12 billion yen, gross profit by 13.8% to 9.1 billion yen, operating profit by 8.7% to 2.5 billion yen, profit before tax by 9.1% to 2.4 billion yen, net income by 5.9% to 1.8 billion yen, and net income attributable to shareholders of the parent company by 5.9% to 1.8 billion yen.
