Vector Inc. Revises Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending February 29, 2024
July 14, 2023 at 02:00 am
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Vector Inc. revised consolidated earnings guidance for the first half and full year of fiscal year ending February 29, 2024. For the first half, the company now expects net sales to be JPY 29,761 million, operating profit to be JPY 2,175 million, profit attributable to owners of parent to be JPY 1,072 million and earnings per share to be JPY 22.46 against net sales of JPY 29,761 million, operating profit of JPY 2,141 million, profit attributable to owners of parent of JPY 1,053 million and earnings per share of JPY 22.09 as previously forecasted.
For the full year, the company now expects net sales to be JPY 63,000 million, operating profit to be JPY 7,260 million, profit attributable to owners of parent to be JPY 4,070 million and earnings per share to be JPY 85.11 against net sales of JPY 63,000 million, operating profit of JPY 7,160 million, profit attributable to owners of parent of JPY 4,000 million and earnings per share of JPY 83.90 as previously forecasted.
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. 
