J Trust Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017
February 12, 2017
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J Trust Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the period, the company reported operating revenue of ¥65,269 million against ¥57,947 million a year ago. Operating income was ¥3,362 million against operating loss of ¥2,108 million a year ago. Ordinary income was ¥3,007 million against ordinary loss of ¥1,525 million a year ago. Profit attributable to owners of parent was ¥322 million or ¥3.0 per basic and diluted share against loss of ¥1,045 million or ¥9.01 per share a year ago. Profit before income taxes and minority interests were ¥1,388 million against loss before income taxes and minority interests of ¥1,329 million a year ago.
For the year ending March 31, 2017, on consolidated basis, the company expects operating revenue of ¥88,973 million, operating income of ¥4,202 million, ordinary income of ¥2,691 million, profit attributable to owners of parent of ¥132 million or ¥1.25 per share.
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. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017