Komori
Optimus Group (9268) · InitiativeFirst stated

MD Distributors Limited’s withdrawal from the business and inventory disposal

First written in FY2019-Q3. . Latest entry: FY2019-Q3.

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MD Distributors Limited’s withdrawal from the business and inventory disposalA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2019-Q3First statedAnnual report

    「Segment profit was ¥40 million, down 54.5% year on year, due to the disposal of inventory held by MD Distributors Limited, which withdrew from the business in September 2018, as well as higher personnel expenses resulting from hiring associated with business expansion.」

    MD Distributors Limited withdrew from the business in September 2018, and inventory disposal was identified as a factor behind the decline in service segment profit.
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