J Trust Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Declares Interim Dividend for the Second Quarter of Fiscal Year Ending March 31, 2018, Payable on December 5, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018
November 12, 2017
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J Trust Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported operating revenue of JPY 41,411 million compared to JPY 38,969 million a year ago. Operating profit was JPY 4,187 million compared to JPY 266 million a year ago. Profit before income taxes was JPY 3,572 million compared to loss of JPY 1,407 million a year ago. Profit attributable to owners of parent was JPY 2,269 million or JPY 22.02 per diluted share compared to loss of JPY 2,172 million or JPY 19.77 per basic and diluted share a year ago. Net cash used in operating activities was JPY 7,677 million compared to net cash provided by operating activities of JPY 1,429 million a year ago. Purchase of property, plant and equipment, and investment property was JPY 840 million compared to JPY 728 million a year ago. Purchase of intangible assets was JPY 268 million compared to JPY 544 million a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects operating revenue of JPY 89,490 million, operating profit of JPY 10,058 million and profit attributable to owners of parent of JPY 8,137 million or JPY 79.05 per basic share.
The company declared interim dividend of JPY 6.00 per share for the second quarter of fiscal year ending March 31, 2018 compared to JPY 6.00 per share a year ago. The dividend is payable on December 5, 2017.
The company provided dividend guidance for the fiscal year ending March 31, 2018. For the year, the company expects to pay a dividend of JPY 6.00 per share compared to JPY 6.00 per share a year ago.
J Trust Co Ltd is a Japan-based company mainly engaged in Japan finance business, Korea and Mongolia finance business, Southeast Asia finance business, real estate business, and investment business. The Company operates in five business segments. The Japan Finance segment consists of credit guarantee services, debt collection services, credit and consumer credit services, securities services, and other financial services. The Korea and Mongolia Financial segment consists of savings banking, debt collection, and financial services. The Southeast Asia Finance segment includes banking and debt collection services. The Real Estate segment consists of real estate development, subdivision, and sales of single-family houses, design and construction of detached houses, real estate leasing, and real estate rental management. The Investment segment consists of domestic and overseas investment operations. The Company is also engaged in system business.
J Trust Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2018; Declares Interim Dividend for the Second Quarter of Fiscal Year Ending March 31, 2018, Payable on December 5, 2017; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2018