Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Fuji Media Holdings ( (JP:4676) ) has provided an update.
Fuji Media Holdings has revised its full-year financial forecast for the fiscal year ending March 31, 2025, due to significant declines in advertising revenue at Fuji Television Network. The decline is primarily due to advertisers suspending commercials, which led to an expected fall in net sales, operating income, recurring profit, and net income compared to previous forecasts. Additionally, changes in the real estate holdings of THE SANKEI BUILDING CO., LTD. are anticipated to reduce sales in the Urban Development, Hotels & Resorts segment.
More about Fuji Media Holdings
Fuji Media Holdings, Inc. operates primarily in the media and content industry, providing broadcasting and television services through Fuji Television Network. The company also has operations in urban development, hotels, and resorts, contributing to a diversified portfolio.
YTD Price Performance: 46.33%
Average Trading Volume: 3,744
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3.64B
See more insights into 4676 stock on TipRanks’ Stock Analysis page.
