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Emerging Markets Stock Digest: Flutta drops significantly, Japan Information C hits limit up.
<3261> Gran 1246 -46 sharp decline. In the third quarter of the fiscal year ending December 2024, revenue was 2.606 billion yen (26.4% decrease from the same period last year), and ordinary profit decreased by 0.006 billion yen (85.3% decrease) leading to a loss. In the real estate sales business, sales are recovering with the introduction of new products in the pre-built residential market, but revenue and profit are expected to decrease in the fourth quarter due to the sales of investment real estate being postponed. In the construction contracting business, revenue and profit decreased due to a decrease in orders caused by rising prices and high raw material costs.
IIF - rebound, announcement of the results of hepatitis C awareness campaign.
Rebound. Today, the results of the hepatitis C awareness campaign through care managers were announced. Two types of materials were provided to care managers who expressed a desire to learn about hepatitis C knowledge and engage in awareness activities. As a result of approaching users and their families, about 30% of the materials were distributed to users and families, leading to individuals undergoing virus testing and diagnosis. It was reported that two individuals in particular had newly started treatment for hepatitis C, which is a notable outcome.
Started providing the service "Understandable Biz Light" for small and medium-sized enterprises (SMEs) under IIF.
Internet Infinity <6545> announced on the 1st that it has started providing a service called 'Understanding Care Biz Light' tailored for small and medium-sized enterprises specializing in the caregiving field in response to the amendment of the childcare and nursing care leave law that will be implemented in April 2025. With this revision, it becomes mandatory for all companies to provide individual awareness and confirmation of balancing work and caregiving, early-stage information provision to employees before facing caregiving responsibilities, and establishment of caregiving-related employment environment.
Internet Infinity --- Providing "Understandable Biz" to Daihiro Holdings has commenced.
Internet Infinity <6545> announced on the 18th its launch of the corporate welfare service 'Wakarukai go Biz' aimed at supporting the balance between work and caregiving for Daikoh Holdings. 'Wakarukai go Biz' is characterized by providing a comprehensive service from temporary consultations to problem solving and has been offered to over 220 companies and more than 2.3 million employees and their families. This time, employees may feel burdened or anxious about caring for their families.
IIF--- Do you understand? We have added support for accompanying visits to nursing facilities in Biz, and IIR Life has started providing it.
Internet Infinity <6545> announced on the 1st that they have added the "Care Facility Visit Assistance Support" function to their "Understandable Caring Biz" service, with AI Lab entrusted to operate it. AI Lab is engaged in total support services for senior life. Through the introduction of paid nursing homes, they provide support for business carers who provide care while working, as well as services to prevent caregiver resignation.
IIF - "Record Book" new store opening
Internet Infinity <6545> announced on the 1st that they have newly opened 3 short-term rehabilitation day service "Record Book" stores. Additionally, they have newly opened one store, called "Meitetsu Record Book Ajiakane", at the directly operated store of their joint venture company with Nagoya Railroads, "Meitetsu Life Support". As a result, the total number of "Record Book" brand stores has reached 231. (Newly opened one store at the directly operated store of Meitetsu Life Support, a joint venture company with Nagoya Railroads, called "Meitetsu Record Book".
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