This decision to cut loose Advangen Japan is an interesting one. Reason given is they made a loss in the '22 year and seem to think they will again next year. Just casting back over the 2020 & 2021 years (not to mention beforehand) ... the only segment to make a profit was JAPAN!
A material change was, of course, the resignation of the then CEO - Mr Koichiro Koike. Was the loss attributable to this? Apparently not - it was mainly due to conditions caused by the Coof!
So, on the above basis, that is, they were given the flick because dared to make a loss - why didn't they also get rid of the main two losers...The Aussie and Yankie segments (who have never made a profit but were also presumably affected by the Coof)?
I still think this company is just another toy for an investment company. The shampoo is a side hustle.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.481M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2276000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 332362 | 2 |
View Market Depth
| Last trade - 16.30pm 28/07/2025 (20 minute delay) ? |
| AN1 (ASX) Chart |
Day chart unavailable