Hope, Inc. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2021
April 23, 2021 at 03:00 am EDT
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Hope, Inc. reported consolidated earnings results for the nine months ended March 31, 2021. For the quarter, the company reported net sales of JPY 21,810 million, operating loss of JPY 7,276 million, loss of JPY 7,313 million and basic loss per share was JPY 1,196.57.
Hope Inc is a Japan-based company engaged in advertising, energy and media businesses. The Company operates through three business segments. Energy segment offers GENEWAT, an electricity retail service that helps local governments reduce costs. Advertising segment offers two kinds of services. The smart resource (SR) service purchases advertising space in various media such as homepages owned by local governments, public relations papers, salary statements distributed to public employees, and envelopes and sells them to private companies. The smart creation (SC) service, in the form of collaborative issuance with local governments, recruits advertisers to produce information booklets for residents and donates the booklets to local governments. Media segment utilizes the relationships with local governments cultivated in the advertising business to provide business to government (BtoG) marketing services, Jichitai Works, and Jichitai Works HA x SH information distribution platform.