Makuake, Inc. Revises Earning Guidance for the Fiscal Year Ending September 30, 2022
April 26, 2022 at 11:30 am IST
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Makuake, Inc. revised earning guidance for the fiscal year ending September 30, 2022. For the period, the company expects net sales of JPY 4,700 million as compared to previously announced forecast of JPY 6,200 million, operating profit of JPY 0 million as compared to previously announced forecast of JPY 465 million, ordinary profit of JPY 20 million as compared to previously announced forecast of JPY 460 million, net income of JPY 65 million as compared to previously announced forecast of JPY 350 million and basic earnings per share JPY 5.19 as compared to previously forecasted basic earnings per share of JPY 28.22.
Makuake, Inc. is a Japan-based company mainly engaged in the crowdfunding business. The Company is engaged in the provision of Makuake service, Makuake Incubation Studio service and other services. The Makuake service is engaged in the operation of the crowdfunding platform Makuake, as well as the provision of matching services on the Internet for companies and individuals who want to realize and accelerate products or services using new ideas and technologies, and multiple individuals who support the projects. The Makuake Incubation Studio service is engaged in the provision of various incubation services in the products development area, such as new products planning, partners matching to realize planning, project strategy planning and marketing report creation. The other services is engaged in the provision of electronic commerce (EC) site management services, advertising distribution services, Makuake SHOP services and sales channel introduction services.