Zenrin Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
April 10, 2023 at 03:00 am EDT
Share
Zenrin Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expects revised net sales of JPY 58,600 million, operating income of JPY 1,550 million, profit attributable to owners of parent of JPY 2,150 million and net income per share of JPY 39.87 compared to previously expected net sales of JPY 60,500 million, operating income of JPY 3,000 million, profit attributable to owners of parent of JPY 2,600 million and net income per share of JPY 48.16.
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.