Media Kobo Inc. Announces Consolidated Earnings Results for the First Quarter Ended November 2015; Provides Consolidated Earnings Guidance for the Year Ending August 2016
January 08, 2016 at 10:00 am EST
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Media Kobo Inc. announced consolidated earnings results for the first quarter ended November 2015. For the quarter, the company reported net sales of ¥512 million against ¥590 million a year ago. Operating income was ¥22 million against ¥113 million a year ago. Ordinary income was ¥12 million against ¥109 million a year ago. Loss attributable to owners of parent was ¥12 million or ¥1.18 per diluted share against income of ¥56 million or ¥10.54 per diluted share a year ago.
The company provided consolidated earnings guidance for the year ending August 2016. For the period, the company expects net sales of ¥2,800 million, operating income of ¥400 million, ordinary income of ¥400 million and profit attributable to owners of parent of ¥230 million or ¥20.35 per share.
Media Kobo Inc is a Japan-based company mainly engaged in digital contents business. The Company operates through four business segments. Digital Contents segment is a one-to-n service business that plans, produces, and distributes fortune-telling appraisals and article content aimed at women for its own Website, Internet service provider (ISP), mobile carriers, and platforms such as Apple and Google. One to One segment is a one-to-one service business that features two-way communication that connects users and fortune tellers directly by phone. XR segment plans and produces services that utilize real-time live-action stereoscopic video shooting technology. SNS segment is engaged in the operation and service planning of social platforms.
Media Kobo Inc. Announces Consolidated Earnings Results for the First Quarter Ended November 2015; Provides Consolidated Earnings Guidance for the Year Ending August 2016