AIFUL Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2017
August 09, 2016
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AIFUL Corporation reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, operating revenue was JPY 22,210 million against JPY 21,716 million a year ago. Operating Income was JPY 1,593 million against JPY 3,311 million a year ago. Ordinary Income was JPY 1,487 million against JPY 3,382 million a year ago. Net Income attributable to owners of parent was JPY 1,589 million against JPY 3,413 million a year ago. Diluted net income per share was JPY 3.29 against JPY 7.06 a year ago. Net income before taxes was JPY 1,487 million against JPY 3,382 million a year ago. Cash flow used in operating activities was JPY 16,034 million against JPY 7,570 million a year ago. Purchase of tangible fixed assets was JPY 193 million against JPY 117 million a year ago. Purchase of intangible fixed assets was JPY 255 million against JPY 630 million a year ago.
For the first half of fiscal year ending March 31, 2017, on consolidated basis, the company expects operating revenue of JPY 45,100 million, operating income of JPY 2,600 million, ordinary income of JPY 2,600 million and net income attributable to owners of parent of JPY 2,600 million or JPY 5.38.
For the fiscal year ending March 31, 2017, on consolidated basis, the company expects operating revenue of JPY 92,400 million, operating income of JPY 7,000 million, ordinary income of JPY 7,000 million, net income attributable to owners of parent of JPY 6,800 million or JPY 14.08.
AIFUL CORPORATION is a Japan-based company mainly engaged in loan business, credit sales business, credit guarantee business and receivables management and collection business. The Company operates in three segments including Aiful Co., Ltd., Life Card Co., Ltd. and AIRA & AIFUL Public Company Limited. The loan business is involved in consumer finance business, real estate secured finance business, and finance business. The credit sales business provides a comprehensive credit purchase mediation business. The credit guarantee business provides credit guarantees for loans provided by financial institutions. The receivables management and collection business is engaged in the management and collection of various types of receivables. Other businesses include venture capital business and rent guarantee business.
AIFUL Corporation Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2017