COOKPAD Inc.TSE: 2193

COOKPAD: Cost cuts drove a return to profit despite a sharp revenue decline and major equity changes

· Issued by COOKPAD Inc.

Revenue fell 25.6% year-over-year due to lower premium memberships and discontinued operations, but cost reductions led to a return to profitability with ¥890 million net profit. Share buybacks and capital reclassification significantly impacted equity.

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