Digital Garage, Inc. Revises Earnings Guidance for the First Half Year Ended December 31, 2013; Provides Earnings Guidance for the Full Year 2014
January 19, 2014
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Digital Garage, Inc. revised earnings guidance for the first half year ended December 31, 2013 and provided earnings guidance for the full year 2014. For the period, the company expects to report net sales of ¥15,600 million, operating income of ¥750 million, ordinary income of ¥1,600 million, and net income of ¥1,300 million compared to previous guidance net sales of ¥15,000 million, operating income of ¥300 million, ordinary income of ¥350 million, and net income of ¥100 million.
For the year, the company expects to report net sales of ¥32,000 million, operating income of ¥1,800 million, ordinary income of ¥3,500 million, and net income of ¥2,100 million.
Digital Garage, Inc. is a Japan-based company engaged in the marketing technology business, the financial technology business, the incubation technology business and the long term incubation business. The Company has four business segments. The Marketing Technology segment is engaged in the comprehensive promotion business, the data management business, as well as the advertising products development and marketing business. The Financial Technology segment is engaged in the provision of electronic payment solutions such as credit card payments and convenience store payments, as well as the design, development and operation of Internet systems and electronic commerce (EC) systems. The Incubation Technology segment is engaged in the strategy support type venture incubation business. The Long Term Incubation segment is engaged in the development and management of medias, the development and support of data security related systems, and the financial business utilizing blockchain.