House of Rose Co. Net Losses Double Amid Revenue Slide

Revenue for the six months ended September 30 slipped to 5.50 billion yen, down from 5.65 billion yen the previous year. This decline in top-line performance contributed to an operating loss of 234 million yen, more than doubling the 116 million yen loss recorded in the prior half-year period.

Pretax profit figures mirrored this downward trend, settling at a loss of 231 million yen compared to 113 million yen a year earlier. Consequently, earnings per share dropped to a loss of 42.20 yen from 20.86 yen. In response to the financial pressure, the company has adjusted its dividend outlook, with total annual payouts projected at 20.00 yen per share, down from the 25.00 yen distributed previously.