Gree Holdings (TYO:3632) raised its consolidated net sales forecast for the fiscal year ending June 30, 2027, to 57 billion yen from 51 billion yen, according to a Tokyo bourse filing on Monday.
The revision was due to a projected 6 billion yen rise in net sales from the social media and video game company's live entertainment business following the consolidation of Rindo Entertainment as a subsidiary.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.