Faith, Inc. Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
November 13, 2020 at 02:00 am EST
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Faith, Inc. provided consolidated earnings guidance for the full year ending March 31, 2021. For the year, the company expects net sales of JPY 20,000 million, operating profit of JPY 430 million and profit attributable to owners of parent of JPY 60 million or JPY 4.75 per share.
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.