Acom Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2019, Announces Consolidated Earnings Guidance for the Year Ending March 31, 2020
January 30, 2020 at 01:30 am
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Acom Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2019. For the period, on consolidated basis, the company reported Operating Revenue of JPY 208,986 million against JPY 206,933 million for the same period last year. Operating profit was JPY 75,370 million against JPY 73,615 million for the same period last year. Ordinary Profit was JPY 74,769 million against JPY 74,020 million for the same period last year. Profit was JPY 67,922 million against JPY 61,392 million for the same period last year. EPS was JPY 41.30 against JPY 36.91 for the same period last year.
For the period, on non-consolidated basis, the company reported total Operating Revenue of JPY 155,107 million against JPY 152,720 million for the same period last year. Operating profit was JPY 54,768 million against JPY 55,380 million for the same period last year. Ordinary Profit was JPY 61,773 million against JPY 59,077 million for the same period last year. Profit was JPY 61,857 million against JPY 51,433 million for the same period last year.
For the year ending March 31, 2020, the company expects Operating Revenue of JPY 275,500 million, Operating Profit of JPY 87,600 million, Ordinary Profit of JPY 87,900 million, Profit Attributable to Owners of Parent of JPY 75,500 million and basic EPS of JPY 48.19.
Acom Co Ltd is a Japan-based company mainly engaged in loan and credit card business, credit guarantee business, overseas financial business, debt management and collection business. The Company operates in four business segments. The Loan and Credit Card segment provides the unsecured loan business and the credit card business with MasterCard as the main product. The Credit Guarantee segment is engaged in credit guarantee business. The Overseas Financial segment includes unsecured loan business in Thailand and the Philippines, installation loan business in Thailand (individual credit purchase brokerage business), and banking business in Indonesia. The Debt Management and Collection segment provides servicer business including debt management and collection business. The others include contracting a contact center and dispatching human resources business.
Acom Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2019, Announces Consolidated Earnings Guidance for the Year Ending March 31, 2020