J Trust Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
May 13, 2018
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J Trust Co., Ltd. reported consolidated earnings results for the year ended March 31, 2018. For the year, the company reported operating revenue of JPY 76,266 million against JPY 66,453 million a year ago. Operating profit was JPY 2,355 million against JPY 606 million a year ago. Profit before income taxes was JPY 416 million against loss before income taxes of JPY 433 million a year ago. Profit was JPY 77 million against loss of JPY 1,065 million a year ago. Loss attributable to owners of the parent was JPY 114 million or JPY 1.11 per basic and diluted share against JPY 1,270 million or JPY 11.94 per basic and diluted share a year ago. Cash flows from operating activities was JPY 4,581 million against cash out flows from operating activities of JPY 12,413 million a year ago. Purchase of property, plant and equipment, and investment property was JPY 1,474 million against JPY 1,843 million a year ago. Purchase of intangible assets was JPY 794 million against JPY 1,537 million a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2019. For the year, the company expects operating revenue of JPY 83,378 million, operating profit of JPY 7,073 million and profit attributable to owners of the parent of JPY 5,318 million or JPY 51.64 per basic 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 Year Ended March 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019