Zenrin Co., Ltd. Provides Earnings Guidance for the First Two Quarters and Full Year of Fiscal 2023
June 03, 2022 at 01:00 am EDT
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Zenrin Co., Ltd. provided earnings guidance for the first two quarters and full year of fiscal 2023. For the first two quarters, the company expects net sales of JPY 26,200 million and operating loss of JPY 400 million.
For the full year, the company expects net sales of JPY 60,500 million, operating income of JPY 3,000 million, ordinary income of JPY 3,200 million and profit attributable to owners of parent of JPY 2,600 million. The expected earnings per share is JPY 47.96.
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.