Vector Inc. Reports Consolidated Earnings Results for the Nine Months of Fiscal Year 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2020
January 09, 2020
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Vector Inc. reported consolidated earnings results for the nine months of fiscal year 2020. For the period, the company reported net sales of JPY 27,778 million against JPY 21,222 million a year ago. Operating profit was JPY 2,266 million against JPY 2,176 million a year ago. Profit was JPY 532.285 million against JPY 1,455.031 million a year ago. Earnings per share was JPY 3.28 against JPY 25.59 a year ago. Diluted earnings per share was JPY 3.26 against JPY 24.98 a year ago.
For the fiscal year ending February 29, 2020, the company expects consolidated net sales of JPY 37,410 million, operating profit of JPY 3,230 million and nil profit attributable to owners of parent.
VECTOR Inc is a Japan-based company mainly engaged in the public relations (PR) business and press release distribution business. The Company operates in six business segments. Public Relations segment conducts consulting business that provides PR support for clients' products and services through strategic PR. The Press Release Distribution segment distributes information about customers' products and services as news releases based on publicity requests from clients, and develops a platform business that connects companies and consumers with news. The Video Release Distribution segment conducts video distribution business that appeals to the target through the Internet. The Direct Marketing segment conducts direct to customer (D2C) business that develops and sells health and beauty related products and services through the Internet. The Media segment conducts media operation business. The Human Resources (HR) segment conducts human resources-related business.
Vector Inc. Reports Consolidated Earnings Results for the Nine Months of Fiscal Year 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending February 29, 2020