Kadokawa Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Dividend and Earnings Guidance for the Full Year Ending March 31, 2020
February 13, 2020
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Kadokawa Corporation announced consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 150,177 million against JPY 152,102 million a year ago. Operating profit was JPY 8,460 million against JPY 3,183 million a year ago. Profit attributable to owners of parent was JPY 7,882 million or JPY 126.17 per share against loss of JPY 2,169 million or JPY 33.84 per share a year ago.
The company provided dividend guidance for the full year ending March 31, 2020. For the year, the company expects to pay a dividend of JPY 30.00 per share.
The company provided earnings guidance for the full year ending March 31, 2020. For the year, the company expects net sales of JPY 207,000 million, operating profit of JPY 10,000 million and profit attributable to owners of parent of JPY 9,500 million or JPY 154.61 per share.
KADOKAWA CORPORATION, formerly KADOKAWA DWANGO CORPORATION is a Japan-based company principally engaged in publishing business, video & game business, Website service business and others. The Company operates in three business segments. Publishing segment is involved in the publishing and sale of books, electronic books and electronic magazines, the publishing of magazines, as well as the sale of magazines and Website advertisements. Video & Game segment is involved in the licensing of video distribution rights, the sale of video package software, the planning, production and distribution of movies, as well as the planning, development and sale of game software and network games. Website Service segment is involved in the management of moving image community services through portal sites, the planning and management of species events through live events, as well as the renting of mobile event venues to deliver mobile contents through mobile devices.
Kadokawa Corporation Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Dividend and Earnings Guidance for the Full Year Ending March 31, 2020