Fuji Media Holdings, Inc. Provides Consolidated Earnings Guidance for the Year Ending March 31, 2021
November 05, 2020 at 01:00 am EST
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Fuji Media Holdings, Inc. provided consolidated earnings guidance for the year ending March 31, 2021. For the period, the company expects net sales of JPY 569,400 million. Operating profit is expected to be JPY 13,000 million. Ordinary profit is expected to be JPY 18,200 million. Profit attributable to owners of parent is expected to be JPY 9,000 million. Basic earnings per share is expected to be JPY 39.14.
Fuji Media Holdings Inc is a Japan-based company engaged in the core broadcasting business, the media and content business, and the urban development and tourism business. The Company operates in two business segments. The Media and Content segment is engaged in the production of broadcast programs, movies, anime, games and events, the sale of video and music software, the publication of music, magazines and newspapers, as well as television broadcasting, radio broadcasting, mail order sales and advertising business. The Urban Development and Tourism segment engages in the rental and sale of residences, offices and logistics facilities, the operation of hotels and marine leisure facilities, as well as events and interior decoration and building management business. The Company also engages in movable property leasing and product sales, software development, and restaurants and shops business.