Kadokawa Dwango Corporation Announces Earnings Results for the Third Quarter Ended December 31, 2015; Reaffirms Consolidated Earnings Guidance for Year Ending March 31, 2016
February 11, 2016
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Kadokawa Dwango Corporation announced earnings results for the third quarter ended December 31, 2015. For the period, the company's revenue was JPY 52,112 million against JPY 49,715 million a year ago. Operating income was JPY 2,785 million against JPY 1,851 million a year ago. Ordinary income was JPY 3,410 million against JPY 2,603 million a year ago. Profit attributable to owners of parent was JPY 3,410 million against JPY 26,078 million a year ago. Cash flows used in operating activities was JPY 3,932 million.
The company reaffirmed consolidated earnings guidance for year ending March 31, 2016. For the year, the company expects net sales of JPY 200,500 million, operating income of JPY 7,000 million, ordinary income of JPY 6,800 million and profit attributable to owners of parent of JPY 4,000 million.
KADOKAWA CORPORATION, formerly KADOKAWA DWANGO CORPORATION is a Japan-based company principally engaged in publishing business, video & game business, Website service business and others. The Company operates in three business segments. Publishing segment is involved in the publishing and sale of books, electronic books and electronic magazines, the publishing of magazines, as well as the sale of magazines and Website advertisements. Video & Game segment is involved in the licensing of video distribution rights, the sale of video package software, the planning, production and distribution of movies, as well as the planning, development and sale of game software and network games. Website Service segment is involved in the management of moving image community services through portal sites, the planning and management of species events through live events, as well as the renting of mobile event venues to deliver mobile contents through mobile devices.
Kadokawa Dwango Corporation Announces Earnings Results for the Third Quarter Ended December 31, 2015; Reaffirms Consolidated Earnings Guidance for Year Ending March 31, 2016