FinTech Global Incorporated : [Delayed]Notice regarding income booked on private equity investment
May 24, 2022 at 03:08 am
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UNOFFICIAL TRANSLATION
The official press release is in Japanese.
Company Name:
FinTech Global Incorporated
Representative:
Nobumitsu Tamai, President and CEO
Stock Listing:
Tokyo Stock Exchange Standard Market
Stock Code:
8789
Inquiries:
Takashi Senda, Director,
Senior Executive Officer
Tel:
050-5964-3978
Notice regarding income booked on private equity investment
Tokyo, May 20, 2022-FinTech Global Incorporated (hereafter, "FGI" and "the Company") hereby gives notice that a subsidiary of the Company will exit from a private equity investment fund and receive performance fees on asset management services from this fund, leading to an estimated increase of ¥250 million to operating income and to ordinary income on a consolidated basis for the third quarter of fiscal 2022.
This booking of income was anticipated and was already incorporated into the consolidated performance forecast for fiscal 2022 that appeared in the Consolidated Financial Results for the Fiscal Year Ended September 30, 2021 (Japanese GAAP) announced on November 8, 2021.
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FGI - FinTech Global Inc. published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2022 07:07:01 UTC.
FinTech Global Incorporated is a financial service provider engaged in the investment banking business, real estate business, public consulting business, entertainment and service business. It has four segments. Investment Banking segment is engaged in the investment banking and corporate investment business, including finance arrangement, public finance, financial advisory, asset management and asset investment. The Real Estate segment conducts welfare services business, real estate brokerage, real estate development, real estate sales, real estate leasing. The Public Consulting segment engages in the preparation of financial documents, support for maintenance of fixed assets ledger, comprehensive management plan of public facilities, and formulation support business. The Entertainment Service segment conducts the development, holding, management, operation of the theme park, and eating and drinking business.