JVCKENWOOD : Summary of Accounting Report for the 1Q of Fiscal Year Ending March 2021 (April 1, 2020 – June 30, 2020)
August 03, 2020 at 02:27 am EDT
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TRANSLATION - FOR REFERENCE ONLY -
August 3, 2020
Company
JVCKENWOOD Corporation
Representative
EGUCHI Shoichiro
Representative Director of the Board,
President and CEO
(Code: 6632; First Section of the
Tokyo Stock Exchange)
Contact
MIYAMOTO Masatoshi
Director of the Board,
Senior Managing Executive Officer,
Chief Financial Officer (CFO)
(Tel: +81-45-444-5232)
(E-mail: prir@jvckenwood.com)
For Immediate Release
Summary of Accounting Report for the 1Q of Fiscal Year Ending March 2021
(April 1, 2020 - June 30, 2020)
Consolidated Financial Highlights for the First Quarter of Fiscal Year Ending March 2021 (April 1, 2020
- June 30, 2020)
Operating Results
(JPY in Million, except Basic net income per share)
1st Quarter FYE 3/2020
1st Quarter FYE 3/2021
April 1, 2019 to June 30, 2019
April 1, 2020 to June 30, 2020
Revenue
73,596
51,145
Operating profit
1,771
-3,073
Profit before tax
1,635
-3,102
Profit attributable to
882
-3,584
owners of parent company
Comprehensive income
-509
-2,504
Basic net income per
5.39 yen
-21.86 yen
share
FYE: Fiscal year ended / ending
Revenue and Core Operating Income by Customer industry sectors
(JPY in Million)
1st Quarter of
1st Quarter of
Year-on-year
FYE 3/2020
FYE 3/2021
comparison
Automotive Sector
Revenue
40,066
26,258
-13,808
Public Service Sector
Core operating income
1,050
-2,011
-3,061
Revenue
15,353
10,538
-4,815
Media Service Sector
Core operating income
-625
-1,517
-892
Revenue
14,200
10,614
-3,586
Core operating income
450
92
-358
Others
Revenue
3,976
3,734
-242
Total
Core operating income
325
313
-12
Revenue
73,596
51,145
-22,451
Core operating income
1,200
-3,123
-4,323
Operating profit
1,771
-3,073
-4,844
Profit before tax
1,635
-3,102
-4,737
Profit attributable to
owners of parent
882
-3,584
-4,466
company
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JVC KENWOOD Corporation published this content on 03 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2020 06:27:18 UTC
JVCKENWOOD Corp is a Japan-based company mainly engaged in the manufacture and sale of products related to mobility & telematics service field, public service field and media service field. The Company operates in three business segments. The Mobility & Telematics Service Field segment is engaged in the manufacture and sale of audio/visual (AV) systems, car navigation systems, drive recorders and in-vehicle devices. The Public Service Field segment is engaged in the manufacture and sale of commercial wireless equipment, professional video surveillance equipment, professional audio equipment and medical image display monitors. The Media Service Field segment is engaged in the manufacture and sale of professional video cameras, projectors, headphones, consumer video cameras, home audio, as well as contract business for contents such as audio and video software. The Company also offers service parts and others.