Fuji Media Holdings, Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2020
August 06, 2020 at 11:30 am IST
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Fuji Media Holdings, Inc. announced consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, on consolidated basis, the company reported net sales of JPY 120,299 million against JPY 149,217 million a year ago. Operating profit was JPY 2,822 million against JPY 7,519 million a year ago. Profit attributable to equities of parent was JPY 2,013 million or JPY 8.71 per basic share against JPY 21,367 million or JPY 92.30 per basic share a year ago.
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.