Kadokawa Dwango Corporation Reports Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
August 03, 2016
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Kadokawa Dwango Corporation reported earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported revenue of JPY 49,014 million against JPY 200,945 million a year ago. Operating income was JPY 2,732 million against JPY 9,124 million a year ago. Ordinary income was JPY 2,037 million against JPY 10,189 million a year ago. Profit attributable to owners of parent was JPY 1,059 million against JPY 6,845 million a year ago. Cash flows from operating activities was JPY 692 million.
For the year ending March 31, 2017, the company expects revenue of JPY 200,000 million, operating income of JPY 3,100 million, ordinary income of JPY 2,037 million and profit attributable to owners of parent of JPY 1,750 million.
KADOKAWA CORPORATION, formerly KADOKAWA DWANGO CORPORATION is a Japan-based company principally engaged in publishing business, video & game business, Website service business and others. The Company operates in three business segments. Publishing segment is involved in the publishing and sale of books, electronic books and electronic magazines, the publishing of magazines, as well as the sale of magazines and Website advertisements. Video & Game segment is involved in the licensing of video distribution rights, the sale of video package software, the planning, production and distribution of movies, as well as the planning, development and sale of game software and network games. Website Service segment is involved in the management of moving image community services through portal sites, the planning and management of species events through live events, as well as the renting of mobile event venues to deliver mobile contents through mobile devices.
Kadokawa Dwango Corporation Reports Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
KADOKAWA CORPORATION 
