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WOWOW INC. turns positive in afternoon session as other revenues exceed expectations, FY March 2026 results outperform plan
WOWOW INC. <4839> has turned positive. The company announced around 1:30 p.m. that its consolidated financial results for the fiscal year ending March 2026, currently being compiled, are expected to exceed previous forecasts, with revenue rising from the initial estimate of 76.6 billion yen to 77.1 billion yen (up 0.4% year-on-year), operating profit increasing from 700 million yen to 1.4 billion yen (down 31.2% year-on-year), and net profit climbing from 800 million yen to 1.2 billion yen (up 88.4% year-on-year). This announcement has been viewed favorably by the market. The upward revision was attributed to other revenues such as events exceeding expectations, as well as effective cost management.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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