April 28, 2021
Company Name: Hakuhodo DY Holdings Inc.
Representative: Masayuki Mizushima, President
(Code number: 2433; TSE First Section)
Inquiries: Atsushi Yoshino
Executive Manager, Investor Relations Division
(Tel: +81-3-6441-9033)
Announcement of Consolidated Performance Forecasts
Hakuhodo DY Holdings, Inc. has revised its performance forecast for the fiscal year 2020 (April 1, 2020 ‒ March 31, 2021), previously announced on February 10, 2021. Details are as follows.
1. Revision of Consolidated Financial Results Forecast for FY 2020 (April 1 to March 31, 2021)
Billings | Operating income | Ordinary income | Profit attributable to owners | Net income | |
of parent | per share | ||||
Millions of yen | Millions of yen | Millions of yen | Millions of yen | yen | |
Prior Forecast(A) | 1,260,000 | 30,000 | 33,000 | 20,000 | 53.55 |
Revised Forecast(B) | 1,297,900 | 45,000 | 49,500 | 26,479 | 70.91 |
Difference(B-A) | 37,900 | 15,000 | 16,500 | 6,479 | 17.36 |
Difference(%) | 3.0 | 50.0 | 50.0 | 32.4 | - |
(Reference)Results for FY 2019 | 1,466,249 | 55,131 | 58,100 | 44,893 | 120.30 |
2. Reasons for Revision
Since last fall, the domestic advertising market has been on a recovery trend, especially in a digital advertising market. The previous announcement on February 2021, we made conservative top line forecast for the fourth quarter in consideration of the impact of a state of emergency. The billings and revenue are expected to exceed the previous forecast due to the market recovery trend and contribution of advertising demand from industries that performed well even in the Coronavirus infection.
The Company has also made cost control throughout the year, and as a result, operating income, ordinary income, and net income attributable to owners of parent are expected to exceed the previous forecasts, therefore the forecasts for the fiscal year ending March 2021 have been revised upwards as indicated above.
Note: The above forecast of financial results is based on certain information available to the Company at the time of announcement, and actual results may differ from the forecast due to various factors.
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Hakuhodo DY Holdings Inc. published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 06:06:03 UTC.