Escrow Agent Japan, Inc. Provides Consolidated Earnings Guidance for the Fiscal Period Ending August 31, 2022 and February 28, 2023
April 15, 2022 at 02:00 am EDT
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Escrow Agent Japan, Inc. provided consolidated earnings guidance for the fiscal period ending August 31, 2022 and February 28, 2023. For the six months ending August 31, 2022, the company expects operating revenue to be JPY 1,714 million, Operating profit to be JPY 178 million, Net profit to be JPY 122 million, Earnings per share of JPY 2.82.
For the year ending February 28, 2023, the company expects operating revenue to be JPY 3,904 million, Operating profit to be JPY 555 million, Net profit to be JPY 401 million, Earnings per share of JPY 9.24.
Escrow Agent Japan, Inc. manages the administrative affairs between the sales contracting and the transaction settlement in the real estate transaction. The The company provides various services to financial institutions, judicial scrivener and real estate and construction companies, to improve the rationalization and efficiency of administrative work and the reliability of affairs. The Company operates in three segments. The Escrow Service segment provides systems and information technology (IT) service, building complete and delivery support service, as well as escrow accounts. The Business Process Outsourcing (BPO) segment provides property investigation, support service for execution of loan agreement, as well as manpower dispatching service. The Real Estate Auction segment provides real estate investigation, transaction price determination using real estate auction system, trust account for risk avoidance.
ESCROW AGENT JAPAN, INC. 
