Zenrin Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and the Full Year Ending March 31, 2023
August 01, 2022 at 03:00 am EDT
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Zenrin Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and the full year ending March 31, 2023. For the six months ending September 30, 2022, the company expects a net sales of ¥26,200 million, Operating loss of ¥400 million.
For the year ending March 31, 2023, the company expects a net sales of ¥60,500 million, Operating profit of ¥3,000 million, and Profit attributable to parent of ¥2,600 million or ¥47.96 per share.
ZENRIN CO., LTD. is a Japan-based company engaged in the development and sale of map database and general printed products, as well as the related business. The Company operates in two business segments. The Map Database Related segment is engaged in the manufacture and sale of house atlas, applied maps, house map database, map data for Internet service, data for car navigation, as well as the provision of services for smart phones. The General Printing Related segment is engaged in the manufacture and sale of general printed materials. In addition, the Company is also engaged in sale of purchased products, the editing and sending of direct mails, as well as the marketing solutions business.
ZENRIN CO., LTD. 
