Z Holdings Corporation Reports Consolidated Earnings Results for the Year Ended March 31, 2021
April 28, 2021 at 02:00 am EDT
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Z Holdings Corporation reported consolidated earnings results for the year ended March 31, 2021. For the year, the company reported revenues of JPY 1,205,846 million against JPY 1,052,943 million a year ago. Operating income was JPY 162,125 million against JPY 152,276 million a year ago. Net income was JPY 88,020 million or JPY 14.02 per basic share against JPY 89,120 million or JPY 16.88 per basic share a year ago. Diluted earnings per share was JPY 14.01 compared to JPY 16.88 per share 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%).