Zenrin Co., Ltd. Provides Consolidated Earnings Guidance for the Half Year Ending September 30, 2020 and Year Ending March 31, 2021
July 28, 2020
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Zenrin Co., Ltd. provided consolidated earnings guidance for the half year ending September 30, 2020 and year ending March 31, 2021. For the half year, the company expected net sales of ¥24,500 million, operating loss of ¥2,000 million and loss attributable to owners of parent of ¥1,500 million or ¥27.03 per basic share.
For the year, the company expected net sales of ¥58,500 million, operating profit of ¥1,500 million and profit attributable to owners of parent of ¥900 million or ¥16.22 per basic share.
ZENRIN CO., LTD. is a Japan-based company engaged in the development and sale of map database and general printed products, as well as the related business. The Company operates in two business segments. The Map Database Related segment is engaged in the manufacture and sale of house atlas, applied maps, house map database, map data for Internet service, data for car navigation, as well as the provision of services for smart phones. The General Printing Related segment is engaged in the manufacture and sale of general printed materials. In addition, the Company is also engaged in sale of purchased products, the editing and sending of direct mails, as well as the marketing solutions business.