Japan Asia Investment Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020
February 13, 2020
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Japan Asia Investment Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company has posted operating revenue of ¥1,801 million against ¥1,928 million a year ago. Operating loss was ¥391 million against ¥448 million a year ago. Net loss attributable to parent was ¥710 million or ¥40.14 per share against ¥199 million or ¥11.25 per share a year ago.
For the year ending March 31, 2020, the company expects operating revenue of ¥2,600 million, operating income of ¥70 million, Net income attributable to parent of ¥100 million or ¥5.65 per share.
Japan Asia Investment Company, Limited is a Japan-based company mainly engaged in the investment business in Japan and other areas of Asia. The Company is engaged in the investment through its funds such as investment partnerships and others, which are established by institutional investors and other investors and by the Group's own investment. The Company operates through three investment businesses. The management and operation business is involved in the conduction, management and operation of funds, as well as the provision of services of undertakes accounting and in-kind management. The investment business is involved in the investment in private equity and projects such as renewable energy, healthcare and smart agriculture. The other business in involved in the provision of peripheral services such as provides various types of information and services for supporting investee companies and investing in projects.
Japan Asia Investment Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Year Ending March 31, 2020