MEDIA DO Reports Solid Growth Amidst Challenges

MEDIA DO Co., Ltd. (JP:3678) has released an update.

MEDIA DO Co., Ltd. reported an increase in net sales to ¥25,113 million, an 11% rise for the three months ending May 31, 2024, while operating profit slightly decreased by 2.1% to ¥475 million. Despite restructuring efforts impacting the strategic investment businesses, the eBook distribution business showed robust growth with net sales up 11.8% and profits rising by 3.9% year on year, driven by a recovery in publisher campaigns and the addition of new sales channels.

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