Research Coverage of Japanese Listed Companies, Shared Research Inc

Shared Research

Our report is an authoritative Owner’s Manual on the company.
- A vital piece in the investor’s toolbox, our report allows you to uncover the essence of the business
- We pinpoint strengths and weaknesses; discuss strategy
- Our aim is to make deep knowledge about the company readily available, saving investors time and enabling dialogue

We offer our research as a service for Japanese corporates.
- Our in-depth reports allow them to better inform investors by presenting an unbiased third-party view of business fundamentals
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We start our coverage with a substantial core report.
- We continuously update this report to reflect earnings, news flow, and any material developments
- We thoroughly interview management on a quarterly basis

Research Coverage of Japanese Listed Companies

Shared Research Inc

Pioneering research coverage of Japanese listed companies. Now customizable and interactive for global institutional investors. Corporate access reimagined.

Equity Bottom-Up

<ul><li>Revenue decreased by 1.8% YoY to JPY143.2bn, with IT business revenue up 13.6% and Food business down 43.9%.</li><li>Operating profit increased by 242.7% YoY to JPY8.9bn, driven by IT segment's OPM rise and cost ratio decline.</li><li>Dividend per share for FY03/25 remained JPY120, with a total payout ratio of 117.7% including treasury stock repurchase.</li></ul>

Revenue decreased by 1.8% YoY to JPY143.2bn, with IT business revenue up 13.6% and Food business down 43.9%.Operating profit increased by 242.7% YoY to JPY8.9bn, driven by IT segment's OPM rise and cost ratio decline.Dividend per share for FY03/25 remained JPY120, with a total payout ratio of 117.7% including treasury stock repurchase.

Melco Holdings (6676 JP): Full-year FY03/25 flash update