Acom Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018
January 31, 2018 at 01:30 am EST
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Acom Co., Ltd. announced consolidated and non-consolidated earnings results for the nine months ended December 31, 2017. For the period, on consolidated basis, the company reported operating revenue of JPY 195,951 million compared to JPY 182,516 million a year ago. Operating profit was JPY 60,652 million compared to JPY 43,194 million a year ago. Ordinary profit was JPY 61,278 million compared to JPY 43,621 million a year ago. Profit attributable to owners of the parent was JPY 54,023 million compared to JPY 39,629 million a year ago. Basic earnings per share were JPY 34.48 compared to JPY 25.30 a year ago. Income before income taxes was JPY 61,210 million compared to JPY 43,542 million a year ago.
For the period, on non-consolidated basis, the company reported operating revenue of JPY 146,036 million compared to JPY 137,409 million a year ago. Operating profit was JPY 46,754 million compared to JPY 31,173 million a year ago. Ordinary profit was JPY 50,388 million compared to JPY 32,400 million a year ago. Profit was JPY 49,418 million compared to JPY 33,701 million a year ago. Income before income taxes was JPY 50,328 million compared to JPY 32,340 million a year ago.
For the fiscal year ending March 31, 2018, the company expects operating revenue of JPY 257,000 million, operating income of JPY 71,300 million, Ordinary income of JPY 71,800 million and profit attributable to owners of the parent of JPY 64,200 or JPY 40.98 per share.
Acom Co Ltd is a Japan-based company mainly engaged in loan and credit card business, credit guarantee business, overseas financial business, debt management and collection business. The Company operates in four business segments. The Loan and Credit Card segment provides the unsecured loan business and the credit card business with MasterCard as the main product. The Credit Guarantee segment is engaged in credit guarantee business. The Overseas Financial segment includes unsecured loan business in Thailand and the Philippines, installation loan business in Thailand (individual credit purchase brokerage business), and banking business in Indonesia. The Debt Management and Collection segment provides servicer business including debt management and collection business. The others include contracting a contact center and dispatching human resources business.
Acom Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2018