ValueCommerce Co., Ltd. Revised Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending June 30, 2023 and for the Fiscal Year Ending December 31, 2023
April 27, 2023 at 12:30 pm IST
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ValueCommerce Co., Ltd. revised consolidated and non-consolidated earnings guidance for the six months ending June 30, 2023 and for the fiscal year ending December 31, 2023. For the fiscal year ending December 31, 2023, on consolidated basis, the company expected JPY 29,100 million, Operating income of JPY 4,700 million, Net income attributable to owners of parent of JPY 3,200 million and Basic earnings per share of JPY 98.96 against previously expected net sales of JPY 36,200 million, Operating income of JPY 7,000 million, Net income attributable to owners of parent of JPY 4,700 million and Basic earnings per share of JPY 145.34.
For the fiscal year ending December 31, 2023, on non-consolidated basis, the company expected net sales of JPY 27,800 million, Operating income of JPY 4,700 million, Net income attributable to owners of parent of JPY 3,200 million and Basic earnings per share of JPY 98.96 against previously expected net sales of JPY 35,000 million, Operating income of JPY 6,900 million, Net income of JPY 4,600 million and Basic earnings per share of JPY 142.25.
For the six months, on consolidated basis, the company expected net sales of JPY 14,700 million, Operating income of JPY 2,500 million, Net income attributable to owners of parent of JPY 1,600 million and Basic earnings per share of JPY49.48 against previously expected net sales of JPY 18,000 million, Operating income of JPY 3,450 million, Net income attributable to owners of parent of JPY 2,300 million and Basic earnings per share of JPY 71.13.
For the six months, on non-consolidated basis, the company expected net sales of JPY 14,100 million, Operating income of JPY 2,500 million, Net income attributable to owners of parent of JPY 1,600 million and Basic earnings per share of JPY 49.48 against previously expected net sales of JPY 17,400 million, Operating income of JPY 3,400 million, Net income attributable to owners of parent of JPY 2,300 million and Basic earnings per share of JPY 71.13.
ValueCommerce Co Ltd is a Japan-based company engaged in the development of businesses that provide effective marketing solutions from attracting customers to retaining customers in order to maximize the performance of commerce businesses. The Company operates in two business segments. The Marketing Solution segment provides solutions centered on attracting customers to electronic commerce (EC) sites of commerce businesses. The main service is performance-based advertising affiliate. The EC Solution segment provides solutions centered on sales promotion on the EC site of commerce companies. The main services are the CRM tool Stores R8 for online mall stores and the pay-per-click advertisement Store Match.
ValueCommerce Co., Ltd. Revised Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending June 30, 2023 and for the Fiscal Year Ending December 31, 2023