Needs Well Inc. Revises Consolidated Earnings Guidance for the Six Months Ending March 31, 2024 and Full Year of Fiscal Year Ending September 30, 2024
March 14, 2024 at 02:45 am
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Needs Well Inc. revised consolidated earnings guidance for the six months ending March 31, 2024 and full year of fiscal year ending September 30, 2024. For the six months, the company expects net sales of JPY 4,820 million, operating profit of JPY 690 million, profit attributable to owners of parent of JPY 505 million and profit per share of JPY 26.46 against previous guidance of net sales of JPY 4,600 million, operating profit of JPY 650 million, profit attributable to owners of parent of JPY 430 million and profit per share of JPY 22.53.
For the full year, the company expects net sales of JPY 10,720 million, operating profit of JPY 1,440 million, profit attributable to owners of parent of JPY 980 million and profit per share of JPY 51.34 against previous guidance of net sales of JPY 10,500 million, operating profit of JPY 1,400 million, profit attributable to owners of parent of JPY 900 million and profit per share of JPY 47.15.
Needs Well Inc. is a Japan-based company mainly engaged in information development services and incidental services based on software development. The Company provides three services. Business system development service is involved in the system development related to the core business of customers, and system development in the fields of finance, communications, distribution, and services. Infrastructure construction is involved in the design, construction and introduction of hardware environments such as servers that serve as the foundation of information technology (IT) systems, as well as the setting of the communication device in a network environment. Embedded system development is involved in the development of applications that are embedded in medical devices, in-vehicle devices, among others. In addition, the Company also provides solution business. The business is involved in the provision of solution services based on customer business goals through solution products.