Japan Asia Investment Co., Ltd. Provides Earnings Guidance for the Six Months Ended September 30, 2021 and for the Year Ending March 31, 2022
August 13, 2021 at 02:00 am EDT
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Japan Asia Investment Co., Ltd. provided earnings guidance for the six months ended September 30, 2021 and for the year ended March 31, 2022. For the six months, the company expects operating revenue of ¥700 million, operating income of ¥29.4 million, loss attributable to owners of parent of ¥250 million or ¥14.12 per share.
For the year ended March 31, 2022, the company expects operating revenue of ¥2,950 million, operating loss of ¥4.5 million, profit attributable to owners of parent of ¥340 million or ¥19.21 per share.
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.