Acom Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ended March 31, 2019
April 19, 2019 at 02:30 am EDT
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Acom Co., Ltd. revised consolidated and non-consolidated earnings guidance for the year ended March 31, 2019. For the full year, on consolidated basis, the company now expects to report operating revenue of JPY 277,000 million, operating profit of JPY 57,600 million, ordinary profit of JPY 58,200 million and profit attributable to owners of parent of JPY 37,700 million or JPY 24.06 per share compared to previous forecast of operating revenue of JPY 269,900 million, operating profit of JPY 77,200 million, ordinary profit of JPY 77,700 million and profit attributable to owners of parent of JPY 63,600 million or JPY 40.60 per share.
For the full year, on non-consolidated basis, the company now expects to report operating revenue of JPY 203,600 million, operating profit of JPY 33,600 million, ordinary profit of JPY 37,400 million and profit attributable to owners of parent of JPY 29,900 million or JPY 19.09 per share compared to previous forecast of operating revenue of JPY 200,300 million, operating profit of JPY 58,200 million, ordinary profit of JPY 62,000 million and profit attributable to owners of parent of JPY 56,900 million or JPY 36.32 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.