Fuji Media Holdings ( (JP:4676) ) has issued an update.
Fuji Media Holdings announced an extraordinary loss of approximately 26 billion yen due to impairment of non-current assets and a reversal of deferred tax assets amounting to 6 billion yen. Despite exceeding previous forecasts in net sales, operating profit, and ordinary profit, the company’s profit attributable to owners of the parent is expected to fall significantly below earlier projections due to these financial adjustments.
More about Fuji Media Holdings
Fuji Media Holdings, Inc. operates in the media industry, primarily focusing on television broadcasting through its subsidiary Fuji Television Network, Inc. The company is listed on the Tokyo Stock Exchange and is involved in various media-related businesses.
YTD Price Performance: 62.97%
Average Trading Volume: 3,050
Technical Sentiment Signal: Sell
Current Market Cap: $4.65B
See more data about 4676 stock on TipRanks’ Stock Analysis page.