Netyear Group Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2019
April 25, 2019 at 03:31 am EDT
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Based on recent business performance trends, Netyear Group Corporation has announced the revision of its financial forecasts for the fiscal year ending March 31, 2019, which were previously announced on February 5, 2019. The company now expects consolidated operating revenues of JPY 5,513 million compared to previous guidance of JPY 5,400 million; operating income of JPY 21 million compared to previous guidance loss of JPY 70 million; loss attributable to owners of parent of JPY 83 million compared to previous guidance of JPY 168 million; and loss per share of JPY 11.94 compared to previous guidance of JPY 24.00.
The company now expects non-consolidated operating revenues of JPY 3,403 million compared to previous guidance of JPY 3,380 million; operating loss of JPY 58 million compared to previous guidance of JPY 120 million; net loss of JPY 133 million compared to previous guidance of JPY 196 million; and loss per share of JPY 19.05 compared to previous guidance of JPY 28.00.
Netyear Group Corporation is a Japan-based company engaged in the provision of strategic Internet professional services (SIPSs). The Company provides a variety of services through Internet to its customers. The digital marketing strategy formulation service supports the marketing strategy, the growth scenario, the form of organization, the medium-term growth goal with the digital technology. The user experience design service provides the experiences received by the user using the system. The Company also provides customer evaluation method, the formulation of the business evaluation index, the key performance indicator (KPI) formulation service, the design and development of site, system, and social media contents, as well as the operation of contents, data analysis, access analysis, and provision of application service provider (ASP) services.
NETYEAR GROUP CORPORATION 
