IK Holdings (TYO:2722) posted total sales of 1.02 billion yen for August, down 28% from a year earlier, according to a Tokyo bourse filing on Friday.
Revenue from the sales marketing segment declined 28% to 849 million yen, while direct marketing revenue fell 26% to 172 million yen.
Cumulative sales in the first three months of the fiscal year dropped 18% to 3.09 billion yen.
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