Retty Inc. Revises Non-Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2021
May 31, 2021 at 02:30 am EDT
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Retty Inc. revised non-consolidated earnings guidance for the fiscal year ending September 30, 2021. After the revision, the Company expects net sales of JPY 1,950 million to JPY 1,999 million (down 12.0% to 9.7% compared to the previous fiscal year), operating loss of JPY 303 million to JPY 254 million (operating loss of JPY 283 million in the previous fiscal year), and net loss of JPY 379 million to JPY 330 million (net loss of JPY 324 million in the previous fiscal year). Basic loss per share is expected to be in range of JPY 33.09 to JPY 28.21.
Retty Inc is a Japan-based company mainly engaged in the operation of a real name gourmet platform Retty that accumulates restaurant recommendation information and restaurant information nationwide, and provides individually optimized restaurant information to users. Store information such as store data, real name recommendation data, browsing log data, follow-up and action data are stored in Retty. The Company is engaged in the provision of two services. The fun relationship management (FRM) service is a subscription business model in which a fixed monthly service fee income is earned from contracted restaurants. It provides online sales promotion services, advertising services and customer management systems. The advertising content services consist of advertising solutions that send Retty users to customers through tie-ups, ad technology and alliances, as well as content solutions that accumulate and provide content to cosmetics, apparel, travel, real estate and other industries.