TSE:6460Leisure
Sega Sammy (TSE:6460) Stock Rallies As Profit Returns But Losses Linger
Sega Sammy stock came into the Q1 print with a strong run behind it, up about 20% over the past three months and 15% over the past month, yet still trading well below one prominent fair value estimate. The headline today is simple: the group remains loss making over the last twelve months, even as Q1 delivered positive earnings per share and fresh revenue of ¥95,028m.
Short term, traders are reacting to that tension between a healthier quarter and a still weak profit record. Long term...