News
Press Release
| Company name : | Macromill, Inc. |
| Representative : | Scott Ernst, Representative |
| Executive Officer and Global CEO | |
| (Ticker Code: 3978 TSE Section 1) | |
| Contact : | Masahiro Shimizu |
| Executive Officer and Global CFO | |
| (TEL 03-6716-0706) |
Tokyo, May 13, 2020 - Global marketing research company Macromill, Inc. (Macromill) hereby announces the following revisions to its consolidated financial forecasts for the fiscal year ending June 30, 2020 ("FY6/2020") from the previous forecasts announced on August 7, 2019, reflecting the recent business performance.
|
Revenue |
EBITDA |
Operating Profit |
Profit before tax |
Profit |
Profit attributable to owners of the parent |
Basic earnings per share (yen) |
||
Previously announced forecast (a) |
46,000 |
10,400 |
7,600 |
7,100 |
4,900 |
4,400 |
110.30 |
|
Revised forecast (b) |
40,000 |
7,500 |
4,600 |
4,300 |
2,900 |
2,400 |
59.62 |
|
Increase/ (Decrease) (b-a) |
(6,000) |
(2,900) |
(3,000) |
(2,800) |
(2,000) |
(2,000) |
(50.68) |
|
% Change % (b/a) |
(13.0%) |
(27.9%) |
(39.5%) |
(39.4%) |
(40.8%) |
(45.5%) |
(45.9%) |
|
(Ref.) |
Results for FY6/2019 (c) |
44,279 |
9,167 |
7,751 |
7,285 |
5,262 |
4,702 |
117.90 |
% Change (b/c) |
(9.7%) |
(18.2%) |
(40.7%) |
(41.0%) |
(44.9%) |
(49.0%) |
(49.4%) |
|
Due to the covid-19 pandemic, some of our clients canceled or delayed research projects, and our Group has stopped providing some of the qualitative research services (mainly conducted face-to-face). The impact is expected to be more far-reaching in the fourth quarter. In addition to the Covid-19 impact, Online Research Business has not yet fully recovered in Japan, our business result is expected to be lower than the initial Revenue guidance. In terms of profit, we sought to curb employee expenses from the beginning of the fiscal year and made progress in-line according to the initial guidance during the first six months. However, given the significant impact of decreased revenue from the third quarter onwards, we also revised our forecasts for operating profit, profit before tax, profit for the period, and profit attributable to owners of the parent.
We maintain our year-end dividend forecast for the fiscal year ending June 30, 2020, 11.00 yen, unchanged from our previous forecast.
The above forecasts are based on the assumption that the impact of the coronavirus pandemic will last until the end of June 2020. However, actual results may differ from forecasts due to the convergence of Covid-19.
Also, the above forecasts are based on the assumption of JPY/EUR 120.00 yen and JPY/KRW 0.0900 yen.
(Note) The above forecasts are based on information currently available, however, actual financial results may largely differ from forecasts due to a variety of factors.
Ends