Rakus' Consolidated Sales Decline 1% in September

MT Newswires Live10-16

Rakus' (TYO:3923) consolidated monthly sales declined 1% year on year in September to 4.93 billion yen from 4.98 billion yen, according to a Thursday filing on the Tokyo Stock Exchange.

Cloud business sales climbed 15.2% to 4.93 billion yen from 4.28 billion yen, while monthly recurring revenue increased 16.1% to 4.6 billion yen from 3.96 billion yen.

By product, Rakuraku Seisan sales jumped 7.3% to 1.86 billion yen, and Rakuraku Meisai sales surged 20% to 1.27 billion yen.

IT outsourcing business was excluded from the company's scope of consolidation for the fiscal year ending March 31, 2027.

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