On February 9, MIGALO HOLDINGS Inc. (hereafter, the Company) announced its Q3 earning results.
Net sales increased 0.7% YoY to JPY 10,408 mn, operating profit decreased 10.8% YoY to JPY 363 mn.
The key takeaway from the Q3 results is that the DX Promotion business posted operating profit of JPY 164 mn, one year ahead of plan, driven by accelerated FreeiD adoption and M&A, despite ongoing upfront investment.
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