Broadleaf Co., Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2022. For the year, the company expects revenue to be JPY 12,700 million against previous guidance of JPY 12,300 million. Operating Loss to be JPY 4,000 million against previous guidance of JPY 4,800 million.

Loss attributable to owners of the parent to be JPY 3,200 million against previous guidance of JPY 5,000 million. Basic earnings per share to be JPY 36.24 against previous guidance of JPY 56.62. Reasons for the revisions: Sale of cloud-based software services, which is a key measure of the medium-term management plan, remains unchanged, and the Company expects steady progress to continue from third quarter onward by continuing to focus on acquiring contracts from new clients.

In addition, sale of packaged systems went ahead of schedule in the first six months of the current fiscal year, so the Company increased the planned number of sales for the full year. It will also continue to reduce operating expenses.