6 years ago

IG Port Revises Earnings Forecast Downward, Reports Earnings

The company’s video production business for both its live-action and anime productions reported consolidated sales of 4.691 billion yen (about US$41.26 million, a 30.1% increase from last year) for the nine months ending February 28, but an operating loss of 531 million yen (about US$4.74 million).
The company has revised its earnings forecast for the fiscal year from consolidated sales of 9.751 billion yen (about US$87.11 million) to 9.062 billion yen (about US$80.95 million).
The company reported total consolidated sales of 6.696 billion yen (about US$59.82 million, a 4.4% increase from last year) for the nine months ending February 28, with an operating loss of 517 million yen (about US$4.61 million), an ordinary loss of 518 million yen (about US$4.62 million), and a net loss of 507 million (about US$4.52 million).
IG Port has revised its predicted operating loss from 157 million yen (about US$1.40 million) to 434 million yen (about US$3.87 million), and its net loss from 200 million yen (about US$1.78 million) to 209 million yen (about US$1.87 million).

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