TV Asahi Holdings Corporation Announces Consolidated Earnings Results for Nine Months Ended Dec. 31, 2016; Revises Earnings Guidance for the Full Year Ending March 31, 2017
February 06, 2017
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TV Asahi Holdings Corporation announced consolidated earnings results for nine months ended Dec. 31, 2015. For the quarter, the company reported net sales of JPY 222,053 million, income before income taxes of JPY 19,109 million, profit attributable to owners of the parent of JPY 12,005 million or JPY 111.89 earnings per share compared to the net sales of JPY 211,360 million, income before income taxes of JPY 17,233 million, profit attributable to owners of the parent of JPY 10,754 million or JPY 99.24 earnings per share for the same period a year ago. Operating income was JPY 16,794 million against JPY 15,248 million for the same period a year ago. Ordinary Income was JPY 18,044 million against JPY 17,094 million for the same period a year ago.
For the fiscal year ending March 31, 2017, the company revised net sales of JPY 292,000 million, operating income of JPY 16,000 million, ordinary income of JPY 20,500 million, profit attributable to owners of the parent of JPY 15,000 million or JPY 139.80 per share compared to net sales of JPY 291,000 million, operating income of JPY 15,500 million, ordinary income of JPY 16,500 million, profit attributable to owners of the parent of JPY 10,000 million or JPY 93.20 per share per share.
TV Asahi Holdings Corporation, is a Japan-based broadcasting company. The Company operates in three business segments. The Television (TV) Broadcasting segment is involved in the production and broadcasting of TV programs. The Music Publishing segment is involved in the management of music copyrights and related rights, as well as the artist management and the recording businesses. The Others segment is engaged in the Internet business, event business, movie investment business, shopping business and other businesses.
TV Asahi Holdings Corporation Announces Consolidated Earnings Results for Nine Months Ended Dec. 31, 2016; Revises Earnings Guidance for the Full Year Ending March 31, 2017