Cookpad Inc.TSE: 2193

Revenue and profit declined sharply, impacted by workforce reductions and lower memberships

· Issued by Cookpad Inc.

Sales revenue fell 7.7% year-over-year due to declining Premium Services membership, with a 137 million yen operating loss driven by one-off workforce reduction costs. Treasury shares were cancelled, and cash reserves declined 50.8% year-over-year.

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