Golf Digest Online Inc. reported consolidated earnings results for the first quarter ended March 31, 2020. For the quarter, the company reported net sales of JPY 8,070 million against JPY 7,553 million a year ago. Operating profit was JPY 42 million against operating loss of JPY 147 million a year ago. Loss attributable to owners of parent was JPY 45 million against JPY 203 million a year ago. Basic net loss per share was JPY 2.49 against JPY 11.16 a year ago.

The impact of the global spread of COVID-19 is extremely difficult to calculate at this time, so the company will revise the earnings forecast announced on February 12, 2020 to undetermined temporarily. The company will promptly announce the performance forecast when it becomes possible.