Broadleaf Co., Ltd. revised consolidated earnings guidance for the first half ending June 30, 2024. For the first half of fiscal 2024, the company now expects revenue of JPY 8,400 million compared to revenue of JPY 8,150 million forecasted earlier, operating loss of JPY 100 million compared to operating loss of JPY 500 million forecasted earlier, loss attributable to owners of parent of JPY 60 million compared to JPY 400 million forecasted earlier, loss per share of JPY 0.67 compared to JPY 4.49 forecasted earlier. During the first six months of the fiscal year ending December 31, 2024 (from January 1, 2024 to June 30, 2024), demand for hardware such as PCs, printers, and change dispensers was captured early.

In other areas, sales of packaged software for machinery tool, mobile phone shops, and travel services progressed steadily. In addition, the switch to cloud software by customers belonging to the Mobility sector, including auto maintenance shops, progressed as planned. As a result, revenues were expected to exceed the previously announced forecast.

The Company also worked to reduce costs related to management operations by promoting greater efficiency in business processes. Other than that, expenditures were expected to be lower than planned, partly due to the deferral of a portion of advertising and sales activity expenses to the Second Half (from July 1, 2024 to December 31, 2024). As a result of the above, profits are also expected to exceed the previously announced forecast.