ITmedia Inc. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and for the Fiscal Year Ending March 31, 2024
April 28, 2023 at 02:00 am EDT
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ITmedia Inc. provided consolidated earnings guidance for the six months ending September 30, 2023 and for the fiscal year ending March 31, 2024. For the six months, the company expects net sales of JPY 4,210 million. Operating income is expected to be JPY 1,210 million. Net income attributable to owners of parent is expected to be JPY 820 million. Basic earnings per share is expected to be JPY 41.43.
For the year, the company expects net sales of JPY 9,150 million. Operating income is expected to be JPY 3,000 million. Net income attributable to owners of parent is expected to be JPY 2,020 million. Basic earnings per share is expected to be JPY 102.05.
ITmedia Inc. is mainly engaged in the operation of media businesses. The Company provides media services in information technology (IT) area. It mainly operates through two business segments. The Lead Gen business consists of IT & business fields including TechTarget Japan, Keymanznet, order navigation and ITmedia marketing, as well as industrial technology fields including TechFactory. Media Advertising business includes IT & business fields including IT, IT Strategy Research Center, ITmedia NEWS, ITmedia Enterprise, ITmedia Executive, ITmedia Business Online, industrial technology field including MONOist, EE Times Japan, EDN Japan, Smart Japan, as well as consumer fields including ITmedia Mobile, ITmedia PC USER, ITmedia LifeStyle and Nogura.