Densan System Holdings Co. Ltd.TSE: 4072

Revenue up 2.1% YoY, but profit down on higher costs and project delays; guidance lowered

· Issued by Densan System Holdings Co. Ltd.

Net sales grew 2.1% year-over-year, led by cloud projects, but operating and net income fell sharply due to cost increases, unprofitable projects, and asset impairments. Full-year forecasts were revised downward, and the company is expanding in educational DX and blockchain initiatives.

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