TOKYO, May 14 (Pulse News Wire) – ORO CO.,LTD. (3983.T) reported its first quarter operating profit reached ¥812 million, marking a 27.7% increase compared to the previous year.
Revenue stood at ¥2.350 billion, up ¥370 million year-over-year. In the Cloud Solution (CS) division, revenue was impacted by delays in securing small-to-medium contracts and cancellations, leading to slower growth. However, large contract acquisitions and appointments progressed well, with efforts underway to recover lost contracts through enhanced marketing strategies.
Despite some cancellations, management noted competitive strength remains intact. For the Marketing Solution (MS) division, some Q2 sales were brought forward into Q1, contributing to overall performance aligning closely with forecasts. The company plans continued investment in advertising and promotional activities aimed at achieving its goal of acquiring 104 new clients throughout the fiscal year.
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