Daiichikosho Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Full Year Ending March 31, 2024
August 09, 2023 at 02:30 am EDT
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Daiichikosho Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2023 and full year ending March 31, 2024. For the six months, the company expects net sales of ¥71,000 million, operating profit of ¥8,900 million, profit attributable to owners of parent of ¥6,400 million and Basic earnings per share of ¥59.29.
For the year, the company expects net sales of ¥144,500 million, operating profit of ¥18,000 million, profit attributable to owners of parent of ¥12,700 million and Basic earnings per share of ¥117.65.
DAIICHIKOSHO CO., LTD. is mainly involved in the entertainment business. The Company operates in three business segments. The Commercial Karaoke segment is engaged in the sale and leasing of karaoke machines for commercial use, the provision of audio and video contents for communication karaoke. The Karaoke and Restaurant segment is engaged in the operation of karaoke rooms and restaurants. The Music Software segment is involved in the production and sale of music and visual software. The others business is engaged in the background music broadcasting business, the provision of content services via cellular phone, and the real estate leasing business, among others.