Z Holdings Corporation Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 03, 2021 at 03:30 am EDT
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Z Holdings Corporation announced consolidated earnings results for the first quarter ended June 30, 2021. For the period, the company reported revenue of JPY 373,352 million compared to JPY 273,879 million a year ago. Operating income was JPY 51,385 million compared to JPY 50,632 million a year ago. Net income was JPY 30,921 million compared to JPY 27,542 million a year ago. Basic earnings per share was JPY 3.50 compared to JPY 4.78 per share a year ago. Diluted earnings per share was JPY 3.49 compared to JPY 4.78 a year ago.
Z Holdings Corporation is a holding company organized around 3 areas of activity:
- operation of e-commerce portals (69.5% of net sales): primarily operation of the Yahoo! Japan Shopping, PayPay Mall, ASKUL, Lohaco, Zozotown, Line Friends and Line Gift online stores. In addition, the group operates online auction platforms (Yahuoku!, PayPay Flea Market, etc.), online hotel and travel booking platforms (Yahoo! Japan Travel, Ikyu Travel, etc.) and electronic payment and financial services platforms (PayPay Card, PayPay Bank, LINE Securities, etc.) ;
- media services (28.2%): Internet advertising and marketing services, operation of generalist portals providing Internet tools and services (search engines, e-mail, discussion forums, electronic diaries, instant messaging, etc.), and content ( e-books, video content, thematic directories, news, etc.);
- other (2.3%).