Media Do Co., Ltd. Revises Earnings Guidance for the Year 2021
October 14, 2020 at 02:00 am EDT
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Media Do Co. Ltd. revised earnings guidance for the year 2021. The company's net sales' previous forecast was JPY 77 billion, but now the company announced an upward revision of JPY 8 billion, or 10.4%, resulting in a forecast of JPY 85 billion. Operating profit forecast is JPY 2.8 billion compared with the previous forecast of JPY 2.2 billion et income of JPY 1.1 billion was revised to JPY 1.5 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.
MEDIA DO CO., LTD. 
