Hope, Inc. Reports Earnings Results for the Year Ended June 30, 2020
August 11, 2020 at 02:45 am EDT
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Hope, Inc. reported earnings results for the year ended June 30, 2020. For the year, the company reported net sales of JPY 14,407 million against JPY 3,862 million a year ago. Operating profit was JPY 1,020 million against JPY 87 million a year ago. Profit was JPY 665 million against JPY 75 million a year ago. Basic earnings per share were JPY 117.97 against JPY 13.55 a year ago. Diluted earnings per share were JPY 109.33 against JPY 13.35 a year ago.
Hope Inc is a Japan-based company engaged in advertising, energy and media businesses. The Company operates through three business segments. Energy segment offers GENEWAT, an electricity retail service that helps local governments reduce costs. Advertising segment offers two kinds of services. The smart resource (SR) service purchases advertising space in various media such as homepages owned by local governments, public relations papers, salary statements distributed to public employees, and envelopes and sells them to private companies. The smart creation (SC) service, in the form of collaborative issuance with local governments, recruits advertisers to produce information booklets for residents and donates the booklets to local governments. Media segment utilizes the relationships with local governments cultivated in the advertising business to provide business to government (BtoG) marketing services, Jichitai Works, and Jichitai Works HA x SH information distribution platform.
HOPE, INC. 
