“Given a lack of history and our understanding of seasonality, we forecast a 20% YoY growth in 2Q with slight QoQ margin improvement. We do note that ERP implementation in the base has boosted YoY growth in 1QFY24 and 1HFY24 revenue growth should still be c30%,” Jefferies analyst Vivek Maheshwari said.
Japan’s Nikkei rallies to record high, SoftBank surges
Japan’s Nikkei surged to a historic high, mirroring global market peaks driven by tech stock gains. The Nikkei 225 surpassed its 2024 high, fueled by
August 12, 2025