Avex Inc. Updates Earnings Guidance for the Year Ending March 31, 2022
November 04, 2021 at 11:30 am IST
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Avex Inc. updated Earnings Guidance for the Year Ending March 31, 2022. For the period, the company Revised Forecast operating income to ?3,000 million from Previously Forecast of ?3,000 million. Revised Net Income attributable to owners of parent to ?1,800 million. Revised Profit attributable to owners of parent to ?40.65.
AVEX Inc., formerly AVEX GROUP HOLDINGS INC., is a Japan-based holding company that operates in four business segments. The Music segment is engaged in the design, production and sale of music contents, the music distribution and publishing businesses, the management of artist talents, merchandising business, the operation of fan clubs, as well as the plan, production and operation of concert events. The Animation segment is engaged in the distribution of images, the design, production and sale of image contents, as well as the movie distribution businesses. The Digital segment is enagegd in the planning, production, sales and distribution of digital contents. The Overseas segment is engaged in the planning, production and sales of entertainment contents. The company also conducts venture investment business.