CROOZ Achieves Profitability with Rapid Growth in IT Business, Launches "Fourth Founding" with Hotel Conversion as New Core Business, Targeting 600M Yen Operating Profit
NQ Score
92/100
AI Summary (NQ-processed)
CROOZ, Inc. announced in its fiscal year ending March 2026 results that rapid growth in its IT outsourcing business has turned the company profitable, reversing a loss of over 1 billion yen. Branding this a "complete comeback," the company is launching its "Fourth Founding" with a new "Hotel Conversion Business." It aims to tackle Japan's lodging infrastructure shortage and projects an operating profit of 600 million yen for the current fiscal year, driven primarily by this new venture.
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