Faith, Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 13, 2021 at 03:00 am EDT
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Faith, Inc. reported consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported net sales of JPY 3,404 million compared to JPY 5,332 million a year ago. Operating loss was JPY 5 million compared to profit of JPY 545 million a year ago. Loss attributable to owners of parent was JPY 1 million compared to profit of JPY 374 million a year ago. Basic loss per share was JPY 0.14 compared to earnings of JPY 29.63 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.
FAITH, INC. 
