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Nex Group --- double-digit revenue growth in 3Q, focusing on expanding metaverse and digital content business, strengthening profitability through M&A.
Nex Group <6634> announced its consolidated financial results for the third quarter of the fiscal year ending in November 2024 (December 23 - August 24). Revenue increased by 74.8% year-on-year to 1.044 billion yen, operating loss was 0.264 billion yen (compared to a loss of 0.167 billion yen in the same period of the previous year), ordinary loss was 0.264 billion yen (compared to a loss of 0.126 billion yen), and net quarterly loss attributable to parent company shareholders was 0.271 billion yen (compared to a profit of 0.007 billion yen). Revenue from the metaverse and digital content business increased by 3% compared to the same period last year.
Next Group --- Efforts on 'Economic Security' and 'Japanese Quality' of Next Products.
On the 11th, Nex Group <6634> announced its efforts regarding the "economic security" and "Japan quality" of Nex's products, a consolidated subsidiary. The company's products are often used by overseas ODM due to cost considerations, so many of them are for enterprises, leading to many end users becoming global companies. Therefore, it is important to check for any security risks. Hence, a thorough inspection is conducted on all products currently on sale.
Ryohin Keikaku, operating profit up by 69.4% to 56.1 billion yen on August 24, financial estimates for August 25 showing a 2.0% decrease to 55 billion yen.
Ryohin Keikaku <7453> announced its financial results for the August 2024 period, with operating revenue increasing by 13.8% year-on-year to 661.677 million yen, and operating profit increasing by 69.4% to 56.135 million yen. Both operating revenue and each stage profit reached record highs. The improvement in operating gross profit margin was due to the effects of domestic price adjustments and the suppression of price reductions. For the August 2025 period, operating revenue increased by 10.9% year-on-year to 734 billion yen, while operating profit decreased by 2% to 55 billion yen.
NCXX Group: Summary of Financial Results for the 3rd Quarter of the Fiscal Year Ending 2024/11 [Japanese GAAP] (Consolidated)
NCXX Group Sees FY Net Y153.00M
NCXX Group 9-Mos Loss Y271.00M Vs Net Y7.00M
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