ディップ reported first-half operating profit of ¥60 million in results announced the previous day, down 99% year on year, with the June-August quarter swinging to a loss. The full-year forecast was sharply revised down from the previous range of ¥5-10 billion to a range of a ¥2.5 billion loss to a ¥2.5 billion profit.
ディップ reported first-half results, with operating profit down 99.0% year on year to ¥60 million and the June-August quarter swinging to a ¥760 million loss. As a result, the full-year profit outlook has deteriorated significantly.
Factors cited include increased advertising investment, lower contract prices and slowing sales in the agency business, raising the possibility that the pace of sales recovery is falling short of expectations.
The full-year forecast was revised down from the previous range of ¥5-10 billion to a range from a ¥2.5 billion loss to a ¥2.5 billion profit. The stock has continued to fall sharply in response.