Gurunavi, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019
February 05, 2020 at 01:10 am EST
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Gurunavi, Inc. revised consolidated earnings guidance for the fiscal year ending March 31, 2020. For the year, the company now expects net sales of JPY 31,000 million compared to its previously announced guidance of JPY 30,800 million. Operating income of JPY 1,400 million compared to its previously announced guidance of a loss of JPY 2,000 million. Net income attributable to owners of parent of JPY 790 million compared to its previously announced guidance of a loss of JPY 2,050 million. Basic earnings per share of JPY 16.86 compared to its previously announced guidance of LPS of JPY 43.77.
The company announced consolidated earnings results for the nine months ended December 31, 2019. For the nine months, the company announced net sales of JPY 23,431 million against JPY 24,513 million a year ago. Operating income was JPY 1,397 million against JPY 1,124 million a year ago. Net income was JPY 790,836,000 against JPY 754,699,000 a year ago. Basic earnings per share were JPY 16.89 against JPY 16.13 a year ago. Diluted earnings per share were JPY 16.88 against JPY 16.10 a year ago.
Gurunavi, Inc. is an Internet search service provider. The Company provides promotion services of various restaurant information to users through personal computers, mobile phones and smart phones by the operation of Website for restaurant information under the name Gurunavi. It also engages in development of products and sales promotion support services for food producers and food manufacturers. The related business operates a virtual shopping district to sells food on the Internet, delivery site, wedding information site, local information site, Tokyo odekake information site, tourist information site, among others.
Gurunavi, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020; Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2019