Zappallas, Inc. Reports Consolidated Earnings Results for the First Quarter Ended July 31, 2016
September 12, 2016 at 12:00 pm
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Zappallas, Inc. reported consolidated earnings results for the first quarter ended July 31, 2016. For the quarter, the company reported net sales of ¥1,163 million against ¥1,446 million a year ago. Operating income was ¥39 million against ¥109 million a year ago. Ordinary loss was ¥49 million against income of ¥176 million a year ago. Loss attributable to owners of parent was $37 million against profit of ¥197 million a year ago. Basic LPS was ¥2.94 against EPS of ¥15.47 per share a year ago.
ZAPPALLAS, INC. is a Japan-based company mainly engaged in the provision of content services. The Company has two business segments. The Mobile Services segment is engaged in the planning, production, development and operation of divination and other digital content through mobile devices, the provision of telephone divination and divination related services, and other mobile-related services, as well as the operation of media sites. The Overseas segment is engaged in the operation of divination sites in the United States, as well as the sale of advertisings and content to users. The Company is also engaged in the application service provider (ASP) business for corporates, the planning of virtual reality (VR) content, the operation of online shopping sites, as well as the travel business.
ZAPPALLAS, INC. 
