J Trust Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings and Dividend Guidance for the Full Year of 2018
February 12, 2018
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J Trust Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported operating revenues of JPY 66,895 million compared with JPY 63,718 million for the same period a year ago. Operating profit was JPY 2,691 million compared with JPY 7,635 million for the same period a year ago. Profit before income taxes was JPY 1,511 million compared with JPY 7,449 million for the same period a year ago. Loss attributable to owners of parent was JPY 20 million or JPY 0.20 per diluted share compared with JPY 6,187 million or JPY 57.45 per diluted share for the same period a year ago. Net cash used in operating activities was JPY 3,458 million against JPY 6,545 million for the same period a year ago. Purchase of property, plant and equipment, and investment property was JPY 1,275 million against JPY 1,330 million for the same period a year ago. Purchase of intangible assets was JPY 461 million against JPY 775 million for the same period a year ago.
The company provided dividend guidance for the full year of fiscal 2018. The company plans to pay a final dividend of JPY 6.00 per share for the full year of fiscal 2018.
The company provided earnings guidance for the full year of 2018. For the full year, the company expects to report operating revenues of JPY 88,577 million, operating profit of JPY 2,844 million and loss attributable to owners of parent of JPY 448 million or JPY 4.35 per basic share.
J Trust Co.,Ltd. is a Japan-based holding company mainly engaged in Japan Financial Business, South Korea and Mongolia Financial Business, Southeast Asia Financial Business, General Entertainment Business, Real Estate Business, Investment Business and others. The Company operates in six segments. The Japan Financial segment consists of credit guarantee business, debt collection business, credit and credit sales business and other financial services. The South Korea Financial segment consists of savings banking business, debt collection business and capital business. The Southeast Asia Financial segment consists of banking business, debt collection business and capital business. The General Entertainment segment is engaged in the development, manufacture and sale of computer systems related to game machines and peripheral equipment. The Real Estate segment is engaged in the sales of detached housing and other housing-related business. The Investment segment conducts investment business.
J Trust Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings and Dividend Guidance for the Full Year of 2018