Faith, Inc. Announces Consolidated Earnings Results for the Third Quarter Ended December 2020
February 12, 2021 at 02:00 am EST
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Faith, Inc. announced consolidated earnings results for the third quarter ended December 2020. For the quarter, net sales were JPY 15,097 million against JPY 15,226 million a year ago. Operating income was JPY 633 million against JPY 522 million a year ago. Profit attributable to owners of parent was JPY 182 million against loss of JPY 331 million a year ago. Basic earnings per share were JPY 14.43 against loss of JPY 25.19 a year ago.
Faith,Inc. is a company mainly engaged in the contents business. The Company operates in three business segments. The Contents segment is engaged in the production of contents, the development and provision of delivery platform technology, the installment and operation of network systems, as well as the provision of contents delivery service to users. The Point segment is involved in the provision of point services. The Columbia segment is engaged in the planning, production and sale of sound source and videos, as well as the music copyright acquisition and management business. As of March 31, 2014, the Company had 16 subsidiaries and six associated companies.