Media Do Co., Ltd. Reports Consolidated Earnings Results for the Six Months of Fiscal Year 2021
October 14, 2020 at 02:00 am EDT
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Media Do Co. Ltd. reported consolidated earnings results for the six months of fiscal year 2021. For the cumulative second quarter, the company's net sales increased by 31% YoY to JPY 41.7 billion, operating profit increased by 65% year over year to JPY1.52 billion.
Media Do Co Ltd, formerly known as Media Do Holdings Co Ltd is a Japan-based company mainly engaged in the distribution of electronic books (e-books) mainly for smartphones, tablet terminals and other mobile terminals. The Company operates through two business segments. E-book Distribution segment entrusts e-book contents from publishers and other content owners, distributes them to client e-book stores, and sells them through its own e-book stores. It also engaged in the strategic planning, e-book management consultation, e-book site production and management support. The Others segment is engaged in media management, publishing and creative support services. The Company is also engaged in the operation of filer, which is a service that provides summary contents of books; the provision of electronic comic coloring, comic drawing support service; as well as the operation of the community media MyAnimeList.