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Linkage Global Inc (OQ:LGCB)

Business Focus: Internet & Mail Order Department Stores

Sector:  Consumer Cyclicals Industry:  Department Stores
 
Company Contact
Address: 2-23-3, Minami Ikebukuro
TOSHIMA-KU TKY 171-0022
Tel: N/A
Website: https://www.linkagecc.com
IR: See website
Key People
Zhihua Wu
Chairman of the Board, Chief Executive Officer
Zijun Li
Chief Financial Officer
Ryo Fuyunishiki
Chief Operating Officer, Director
Business Overview
Linkage Global Inc is a Japan-based company mainly engaged in the provision of cross-border e-commerce integrated services. The Company is engaged in the development of a comprehensive service system comprised of two lines of business complementary to each other, including cross-border sales and integrated e-commerce services. Cross-border sales business is engaged in the import and export sales of products are sourced from Japanese and Chinese manufacturers and brands, and private label smart products. The main products include pharmaceuticals, cosmetics, detergents, sanitary products, daily necessities, foodstuffs, alcoholic beverages, miscellaneous goods, household electrical appliances and others. Integrated e-commerce business is engaged in the provision of digital marketing services to the merchants through connecting the merchants with social media platforms.
Financial Overview
For the six months ended 31 March 2023, Linkage Global Inc revenues increased 7% to $9M. Net income decreased 4% to $555K. Revenues reflect Other subsidiaries segment increase of 75% to $3.5M. Net income was offset by General and administrative expenses increase of 33% to $694K (expense), Research & Development Expense increase of 27% to $288K (expense). Basic Earnings per Share excluding Extraordinary Items remained flat at $0.03.