Zenrin Co., Ltd. Revises Earnings Guidance for the First Two Quarters Ended September 30, 2022
October 24, 2022 at 03:00 am EDT
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Zenrin Co., Ltd. revised earnings guidance for the first two quarters ended September 30, 2022. For the quarters, the company revised Net sales to be JPY 25,900 million from JPY 26,200 million; Operating loss to be JPY 980 million from JPY 400 million; Loss attributable to owners of parent to be JPY 700 and Loss per share to be JPY 12.94 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. 
