Faith, Inc. Provides Consolidated Earnings Guidance for the Half Year Ending September 30, 2021 and Full Year Ending March 31, 2022
August 13, 2021 at 03:00 am EDT
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Faith, Inc. provided consolidated earnings guidance for the half year ending September 30, 2021 and full year ending March 31, 2022. For the half year, the company expects Net Sales were JPY 8,500 million. Operating profit was JPY 200 million. Profit attributable to owners of parent was JPY 40 million. Basic earnings per share was JPY 3.16.
For the full year, the company expects Net Sales were JPY 18,000 million. Operating profit was JPY 550 million. Profit attributable to owners of parent was JPY 100 million. Basic earnings per share was JPY 7.91.
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.