Fuji Media Holdings, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
March 28, 2024 at 02:00 am EDT
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Fuji Media Holdings, Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, company revised Net sales of JPY 557,700 million, Operating income of JPY 32,000 million, Recurring profit of JPY 39,300 million Net income attributable to owners of the parent of JPY 36,000 million and Basic earnings per share of JPY 164.33 compared to previous guidance as follows: Net sales of JPY 557,700 million, Operating income of JPY 32,000 million, Recurring profit of JPY 39,300 million Net income attributable to owners of the parent of JPY 26,000 million and Basic earnings per share of JPY 118.59.
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.