Avex Inc. Announces Consolidated and Non-Consolidated Earnings Results for the Fiscal Year Ended March 31, 2021
May 26, 2021 at 02:00 am EDT
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Avex Inc. announced non-consolidated earnings results for the fiscal year ended March 31, 2021. For the year, on consolidated basis, the company reported net income of JPY 13,162 million against net loss of JPY 540 million a year ago. Net income per share was JPY 298.11 against net loss per share of JPY 25.39.
For the year, on non-consolidated basis, the company reported net sales of JPY 3,379 million against JPY 15,175 million a year ago. Operating loss was JPY 6,258 million against operating income of JPY 4,447 million a year ago. Net income was JPY 10,971 million against JPY 4,342 million a year ago. Net income per share was JPY 254.91 against JPY 99.98 a year ago.
AVEX Inc., formerly AVEX GROUP HOLDINGS INC., is a Japan-based holding company that operates in four business segments. The Music segment is engaged in the design, production and sale of music contents, the music distribution and publishing businesses, the management of artist talents, merchandising business, the operation of fan clubs, as well as the plan, production and operation of concert events. The Animation segment is engaged in the distribution of images, the design, production and sale of image contents, as well as the movie distribution businesses. The Digital segment is enagegd in the planning, production, sales and distribution of digital contents. The Overseas segment is engaged in the planning, production and sales of entertainment contents. The company also conducts venture investment business.
AVEX INC. 
