TOKYO, May 21 (Pulse News Wire) – L is B Corp. (145A.T) reported positive results from its price increase implemented on April 01, 2026, which raised prices uniformly by 20%.
Despite initial concerns, customer attrition due to the price hike was minor, contributing positively to operating profit. The company expects the increased revenue to bolster future performance.
Regarding the construction industry's challenges amid worsening Middle East tensions, L is B noted that major clients had secured materials ahead of time, mitigating immediate negative impacts. Additionally, the company believes its communication tool “direct” remains indispensable, reducing the likelihood of significant contract cancellations.
In product development, L is B emphasized ongoing efforts to expand its user base through strategic partnerships and enhancements such as integrating AI functionalities into “direct.” The firm also highlighted successful collaborations with joint venture partners and continued sales outreach to companies currently using alternative tools.
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