Tokyo Broadcasting System Holdings, Inc. Reports Consolidated Financial Results for the Quarter Ended June 30, 2019; Provides Earnings Guidance for the Year Ending Mar. 31, 2020
August 31, 2019
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Tokyo Broadcasting System Holdings, Inc. reported consolidated financial results for the quarter ended June 30, 2019. For the quarter, the company reported net sales were JPY 88,488 million compared with JPY 88,783 million a year ago. Operating income was JPY 4,985 million compared with JPY 4,868 million a year ago. Ordinary income was JPY was 10,098 million compared with JPY 9,994 million a year ago. Profit attributable to owners of parent was JPY 6,503 million compared with JPY 6,704 million a year ago. Basic net income per share was JPY 37.27 compared with JPY 38.38 a year ago.
For the year ending Mar. 31, 2020, the company expected net sales of JPY 364,800 million, operating income of JPY 15,500 million, ordinary income of JPY 24,300 million, Profit attributable to owners of parent of JPY 14,900 million, net income per share of JPY 85.53.
TBS Holdings Inc, formerly Tokyo Broadcasting System Holdings Inc, is a Japan-based company mainly engaged in broadcasting business. The Company operates in three business segments. The Media and Content segment is involved in the broadcasting-related business which conducts broadcasting, program production, video technology, audio technology, cable television broadcasting (CATV) investment, video investment and others; the planning production business which conducts video and audio software production, sales and distribution business, various events, program sales, video software production and sales, animation and music software planning and production. The Lifestyle segment is involved in the mail-order sales, general merchandise retailing, cosmetics manufacturing and sales business. The Real Estate and Others segment is involved in real estate leasing, maintenance and service business, studio management, heating and cooling management, insurance agency and other business.
Tokyo Broadcasting System Holdings, Inc. Reports Consolidated Financial Results for the Quarter Ended June 30, 2019; Provides Earnings Guidance for the Year Ending Mar. 31, 2020
TBS HOLDINGS,INC. 
