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MEDIA DO shares slump on projected drop in operating profit for fiscal year ending February 2027
MEDIA DO Co., Ltd. <3678> shares tumbled to a fresh year-to-date low on Tuesday after the firm forecast a slight dip in operating profit for the current fiscal year. Following the market close on the 13th, the company projected sales of 118 billion yen but expected operating profit to slide 2.2% to 2.4 billion yen. The annual dividend is planned to remain flat at 40 yen per share. The cautious profit outlook sparked a sell-off as investors focused on narrowing margins.
For the fiscal year ended February 2026, Media Do reported sales of 108.537 billion yen, up 6.5%, while operating profit edged down 0.9% to 2.453 billion yen. Despite steady performance in its core eBook distribution segment, the firm was hampered by the discontinuation of lucrative services and rising R&D expenses for overseas ventures. While these factors pressured the top line, net profit saw a substantial boost from one-off gains on the sale of investment securities in affiliated firms.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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