The company achieved a flat score, instead of the Network Entertainment division (gaming business) with sales up 11.4% and profits up 30.9% compared to the previous year in the same quarter.
- Net sales over ¥ 543 mln, +2% YoY
- Operating income ¥ 72.9 mln, +1.1% YoY
- Recurring profit ¥ 75.14 mln, +2.3% YoY
Next, an official note was submitted in which the Company revised its consolidated projections for the fiscal year ending March 31, 2021 to reflect actual results for the third quarter (nine months) of the fiscal year ending on March 31, 2021.
In addition to the current trends in its operations, the marketing plans for products and services planned in the fourth quarter and the difficult situation conditioned by the continued spread of the new coronavirus disease (COVID-19), the Company expects to record an extraordinary loss of approximately 13.0 billion yen in the fourth quarter for expenses associated with the reform of the corporate structure of the Real Entertainment Business, which was heavily influenced by the spread of COVID-19.
As a result, the Company revised the projections announced on 7 August 2020 and modified them to build a solid business foundation capable of generating profits even in an uncertain business environment through selection and concentration in business development that uses resources and know- how of the Group and cooperating even more with each activity of the group.
Life is all enclosed in emotions. One of these is certainly the satisfaction of making something that other people like: this is my pleasantness. My main professional attitude is to optimize, improve management and business processes, applications, services. In short words, Web | Tech | Projects Specialist Consultant.
I have been present on social networks since they began to be a tool of common interest: Facebook, Twitter, Instagram (I love to publish and browse amateur photos that contain fragments of life). I believe in hashtags as much as I believe in aphorisms.
