Nextage Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months and Full Year Ending of Fiscal Ending November 30, 2022
January 06, 2022 at 01:00 am
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NEXTAGE Co., Ltd. provides consolidated and non-consolidated earnings guidance for the six months and full year ending of fiscal ending November 30, 2022. On consolidated basis, for the six months ending May 31, 2022, The company expects net sales to be JPY 166,000 million, Operating profit to be JPY 8,400 million, Profit attributable to owners of parent to be JPY 5,700 million or JPY 74.22 per basic share.
On consolidated basis, for the full year ending November 30, 2022, The company expects net sales to be JPY 350,000 million, Operating profit to be JPY 17,500 million, Profit attributable to owners of parent to be JPY 12,000 million or JPY 156.26 per basic share.
On non-consolidated basis, for the six months ending May 31, 2022, The company expects net sales to be JPY 160,000 million, Ordinary profit to be JPY 7,900 million, Profit to be JPY 5,500 million or JPY 71.62 per basic share.
On non-consolidated basis, for the full year ending November 30, 2022, The company expects net sales to be JPY 336,000 million, Ordinary profit to be JPY 16,500 million, Profit to be JPY 11,500 million or JPY 149.75 per basic share.
NEXTAGE Co., Ltd. is principally engaged in the dealing of used cars. The main businesses of the Company consist of used car store operation, maintenance, insurance agency and automobile dealing, as well as other services, such as used car export and car coating services. The used car store operation business is comprised of domestic general automobiles, light automobiles and imported automobiles. The maintenance business provides vehicle inspection and maintenance services. The insurance agency business offers automobile insurance as an insurance agency. The automobile dealing business mainly purchases vehicles that are no longer needed by its customers. The Company exports used cars mainly to developing countries and emerging countries in east Africa and Oceania. Through its subsidiary, it provides car coating services, which makes car bodies hydrophilic and durable to dirt, acid and ultraviolet degradation. It also involves in new car dealer operation business.
Nextage Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months and Full Year Ending of Fiscal Ending November 30, 2022
NEXTAGE CO., LTD. 
