Fuji Media Holdings, Inc. Reports Consolidated Earnings Results for the Six Months Ended September 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020
November 07, 2019 at 01:00 am EST
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Fuji Media Holdings, Inc. reported consolidated earnings results for the six months ended September 2019. For the period, net sales were JPY 316,550 million against JPY 292,293 million a year ago. Operating profit was JPY 18,277 million against JPY 11,223 million a year ago. Profit attributable to owners of parent was JPY 28,854 million against JPY 10,118 million a year ago. Basic earnings per share were JPY 124.65 against JPY 43.69 a year ago.
For the year ending March 31, 2020, the company expects consolidated net sales of JPY 639,500 million, operating profit of JPY 28,500 million, profit attributable to owners of parent of JPY 33,900 million and basic earnings per share of JPY 146.44.
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.
Fuji Media Holdings, Inc. Reports Consolidated Earnings Results for the Six Months Ended September 2019; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2020