Mynet Announces 7% Decline in Sales and 112% Increase in Operating Profit for the First Quarter (January~March) Profitability Improved by Business Structure Transformation in the Previous Fiscal Year Addition of New Business Segments in Different Industries
On May 15, Mynet announced its consolidated financial results for the first quarter (January~March) of the fiscal year ending December 2024, and although the impact of the suspension of loss-making businesses and the transformation of its business structure through the transfer of group companies remained, the sales base increased due to the sales regrowth measures that began in the third quarter of the previous fiscal year, resulting in only a slight decrease in sales. In addition, with the acquisition of major titles and solid existing operations, Digon's performance was added, resulting in a significant increase in operating income......
The linked article is in Japanese.
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