Fuji Media Holdings, Inc. Not Provides Earnings Guidance for the Year Ending March 31, 2021
June 31, 2020 at 10:30 pm EDT
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Fuji Media Holdings, Inc. not provided earnings guidance for the year ending March 31, 2021. The forecasts of consolidated financial results for the fiscal year ending March 31, 2021 have not yet been determined because it is difficult to make a reasonable calculation at this stage due to factors including the impact of the spread of the novel coronavirus infection and the timing of its containment. The Company will carefully assess the impact on its business in the future and disclose its forecasts as soon as such disclosure becomes possible.
Fuji Media Holdings Inc is a Japan-based company engaged in the core broadcasting business, the media and content business, and the urban development and tourism business. The Company operates in two business segments. The Media and Content segment is engaged in the production of broadcast programs, movies, anime, games and events, the sale of video and music software, the publication of music, magazines and newspapers, as well as television broadcasting, radio broadcasting, mail order sales and advertising business. The Urban Development and Tourism segment engages in the rental and sale of residences, offices and logistics facilities, the operation of hotels and marine leisure facilities, as well as events and interior decoration and building management business. The Company also engages in movable property leasing and product sales, software development, and restaurants and shops business.