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nippon columbia co ltd (6791) Details

Nippon Columbia Co., Ltd. produces, advertises, and sells audio, video, game software, etc. in Japan. The company is also involved in the management of artists; the provision of copyright management services for music and TV programs; and the production and sale of audio and multimedia products. In addition, it is engaged in the design and development of audio-visual software; and sale of CDs and DVDs/pressing and distribution business. Nippon Columbia Co., Ltd. was founded in 1910 and is headquartered in Tokyo, Japan. As of March 26, 2014, Nippon Columbia Co., Ltd. operates as a subsidiary of Faith, Inc.

300 Employees
Last Reported Date: 06/26/14
Founded in 1910

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nippon columbia co ltd (6791) Key Developments

Nippon Columbia Co., Ltd. to Report Q1, 2015 Results on Aug 08, 2014

Nippon Columbia Co., Ltd. announced that they will report Q1, 2015 results on Aug 08, 2014

Nippon Columbia Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2014; Provides Consolidated Earnings Guidance for the Fiscal Year 2014

Nippon Columbia Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2014. The company's consolidated sales totaled JPY 2,770 million (down 10.6% compared with the same quarter of the previous fiscal year). The main reasons for this result were that despite an increase of major J-Pop titles in the sales/digital distribution business, overall sales other genres decreased significantly, while the direct sales business saw a general decline in sales of products to other mail order companies following the increase in the consumption tax rate. Regarding the profit & loss situation, in the sales/digital distribution business, sales of catalogue products released during the previous fiscal year declined, and the performance of the direct sales business was also affected by a decrease in high margin transactions which utilize the company's sound sources. As a result, the company recorded an operating loss for the first quarter under review of JPY 361 million (compared with a loss of JPY 6 million for the same quarter of the previous fiscal year), a loss of JPY 359 million (compared with an ordinary loss of JPY 8 million for same quarter of the previous fiscal year), and a net loss of JPY 368 million (compared with a profit of JPY 24 million for the same quarter of the previous fiscal year). The group's current forecast for fiscal 2014 (the fiscal year ending March 2015) is for sales revenue of JPY 15 billion, an operating profit of JPY 300 million, an ordinary profit of JPY 290 million, and a net profit of JPY 210 million. These figures are unchanged from the forecast issued on May 14, 2014.

Nippon Columbia Co., Ltd., Annual General Meeting, Jun 25, 2014

Nippon Columbia Co., Ltd., Annual General Meeting, Jun 25, 2014.


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6791:JP ¥451.00 JPY +23.00

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