Japan Asia Investment Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022 and Fiscal Year Ending March 31, 2023
February 22, 2022 at 05:00 am EST
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Japan Asia Investment Co., Ltd. provided consolidated earnings guidance for the fiscal year ending March 31, 2022 and fiscal year ending March 31, 2023. For the fiscal year 2022, the company expects to book JPY 650 million of operating revenue and JPY 10 million of profit attributable to owners of parent from electricity sales revenue of the solar power plant.
For the fiscal year 2023, the company announced operating revenue and profit attributable to owners of parent are expected to decrease compared to the fiscal year ending March 31, 2022.
Japan Asia Investment Company, Limited is a Japan-based company mainly engaged in the investment business in Japan and other areas of Asia. The Company is engaged in the investment through its funds such as investment partnerships and others, which are established by institutional investors and other investors and by the Group's own investment. The Company operates through three investment businesses. The management and operation business is involved in the conduction, management and operation of funds, as well as the provision of services of undertakes accounting and in-kind management. The investment business is involved in the investment in private equity and projects such as renewable energy, healthcare and smart agriculture. The other business in involved in the provision of peripheral services such as provides various types of information and services for supporting investee companies and investing in projects.
Japan Asia Investment Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022 and Fiscal Year Ending March 31, 2023