Cookpad Inc.TSE: 2193

Cost cuts drove a return to profit despite a sharp revenue decline and major equity changes

· Issued by Cookpad Inc.

Revenue fell 25.6% year-over-year due to lower premium memberships and discontinued operations, but cost reductions led to a return to profitability with ¥890 million net profit. Share buybacks and capital reclassification significantly impacted equity.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

Earlier from Cookpad

All Cookpad news releases