GOT7, TWICE, NiziU... "JYP expects good performance despite Corona 19"
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KPOP/GOT7

GOT7, TWICE, NiziU... "JYP expects good performance despite Corona 19"

by ♣KDOL★
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DB Financial Investment gave a positive assessment of JYP Entertainment.

DB Financial Investment Research Institute said in a report on the 14th, "The sales of the fourth quarter album are good due to the release of the albums that led to TWICE in October, GOT7 in November, and Nizu in December."

 

By the first week of December in Korea, about 470,000 copies of the TWICE Eyes Wide Open and about 400,000 copies of the GOT7 Breath of Love: Last Piece were sold. NiziU's debut single Step by Step, released in Japan on the 2nd, sold more than 300,000 copies in the first week, it said.




The institute estimated JYP Entertainment's fourth-quarter earnings at 41.8 billion won (+21 percent from the previous quarter, -6 percent from the previous year), and 12.6 billion won (+13 percent from the previous quarter and -6 percent from the previous year).

 

According to the institute, NiziU is a group fostered by collaboration between JYP Entertainment and Sony Music. In addition, 300,000 copies of NiziU's first week debut album are the second-highest record ever for Japanese female singers.

In addition, the company has become a trend in the region by topping the Oricon weekly singles chart, appearing in NHK's Hongbaek Competition, and selecting models for Coca-Cola commercials.



The institute said, "The performance is good despite the aftermath of Corona 19 and NiziU's performance in Japan will be added next year, and the concert performance will no longer be bad," maintaining the purchase of investment opinions and the target price of 45,000 won.

 

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