Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Japan Asia Investment Co., Ltd.
  6. News
  7. Summary
    8518   JP3686150008

JAPAN ASIA INVESTMENT CO., LTD.

(8518)
  Report
Delayed Japan Exchange  -  02:00 2022-09-29 am EDT
210.00 JPY   +3.45%
08/31366 Co., Ltd. announced that it has received funding from Japan Asia Investment Co., Ltd.
CI
08/12Japan Asia Investment : Qualitative Information on Consolidated Operating Results for the three months Ended June 30, 2022
PU
08/12Japan Asia Investment : Presentation Material for the 1st Quarter Ended June 30, 2022
PU
SummaryQuotesChartsNewsCalendarCompanyFinancialsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Japan Asia Investment : Presentation Material for the 1st Quarter Ended June 30, 2022

08/12/2022 | 02:19am EDT

Financial Results Overview

for the 1st Quarter Ended

June 30, 2022

Japan Asia Investment Co., Ltd.

(JAIC) (TSE 8518)

Announcement date : August 12, 2022

Financial Results Overview for the 1st Quarter of FY Mar. 2023

© Japan Asia Investment Co., Ltd. 2022

- 1 -

Contents

1

Summary

P3

2

Results for the current quarter (year-on-year)

P4

3

Business plan progress report

P9

4

Result forecasts

P18

5

Appendix

P22

The figures in this document are based on consolidated financial statements prepared in accordance with the previous accounting standards.

Financial Results Overview for the 1st Quarter of FY Mar. 2023

© Japan Asia Investment Co., Ltd. 2022

- 2 -

1. Summary

  • Results for the current quarter (year-on-year)
    • Operating revenue of ¥ 219 million (up, 30.2 % year on year) and quarterly net loss attributable to owners of parent of ¥ (262) million (¥25 million reduction in deficit).
    • Proceeds of sales of shares increased and investment write-off decreased.
  • Business plan progress report
    • Decided to invest in "non FIT type" solar power systems installed on the rooftops of distribution centers
    • The mega solar power plant in Iwaki City, Fukushima started electricity sales in July. We sold our equity of the fund invested in this power plant in August.
    • The logistic warehouse in Hidaka City, Saitama was built up in Apr. and was sold in June.
    • The facility for the elderly in Minamiaoyama, Minato-ku was built up in May and was sold in June.
    • The group home for the handicapped in Takamatsu City, Kagawa was built up. Expanded to 10 group homes including scheduled to be built up by the end of the year
    • Business development has progressed steadily in new investment area.
  • Result forecasts
    • Full-yearforecast remains unchanged. Sales of projects progress steadily. 2 projects were sold in 1Q and 1 project was sold in 2Q.
    • Forecast for fist half was revised. Sales of shares and project will be delayed from 2Q to 3Q.

Financial Results Overview for the 1st Quarter of FY Mar. 2023

© Japan Asia Investment Co., Ltd. 2022

- 3 -

2. Results for the current quarter

Outline of results

P5

Break down of operating revenue & operating cost

P8

Financial Results Overview for the 1st Quarter of FY Mar. 2023

© Japan Asia Investment Co., Ltd. 2022

- 4 -

2. Results for the current quarter - Outline of results - I/S

(million yen)

FY 2022 (1Q)

FY 2023 (1Q)

Amount

Amount

Change

Operating revenue

168

219

30.2%

Operating cost

165

185

12.0%

Operating gross profit

3

34

929.7%

SG&A expenses

273

262

(4.0%)

Operating income

(270)

(227)

-

Ordinary income

(286)

(248)

-

Profit attributable to owners of

(287)

(262)

-

parent

  • Of operating revenue, proceeds of listed sales in Japan increased.
  • Capital gains increased from sales of unlisted shares in Greater China.
  • Investment write-off decreased.
  • Upfront costs from projects increased.

Financial Results Overview for the 1st Quarter of FY Mar. 2023

© Japan Asia Investment Co., Ltd. 2022

- 5 -

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

JAIC - Japan Asia Investment Co. Ltd. published this content on 12 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2022 06:18:06 UTC.


© Publicnow 2022
All news about JAPAN ASIA INVESTMENT CO., LTD.
08/31366 Co., Ltd. announced that it has received funding from Japan Asia Investment Co., Lt..
CI
08/12Japan Asia Investment : Qualitative Information on Consolidated Operating Results for the ..
PU
08/12Japan Asia Investment : Presentation Material for the 1st Quarter Ended June 30, 2022
PU
08/12Japan Asia Investment : Summary of Consolidated Financial Results for the 1st Quarter Ende..
PU
08/12The Asahi Shimbun Company, Japan Asia Investment Co., Ltd. agreed to acquire 56% stake ..
CI
07/26Enjoy Works Co. Ltd. announced that it has received funding from Japan Asia Investment ..
CI
06/19Certain Common Stock of Renewable Japan Co.,Ltd. are subject to a Lock-Up Agreement End..
CI
05/17Japan Asia Investment : Qualitative Information on Consolidated Operating Results for the ..
PU
05/13Japan Asia Investment Co., Ltd. Provides Earnings Guidance for the Six Months Ending Se..
CI
02/23Japan Asia to Record $7 Million Extraordinary Income in FY22
MT
More news
Financials
Sales 2022 3 204 M 22,2 M 22,2 M
Net income 2022 19,0 M 0,13 M 0,13 M
Net Debt 2022 3 853 M 26,7 M 26,7 M
P/E ratio 2022 204x
Yield 2022 -
Capitalization 3 718 M 25,7 M 25,7 M
EV / Sales 2021 3,58x
EV / Sales 2022 2,41x
Nbr of Employees -
Free-Float 76,3%
Chart JAPAN ASIA INVESTMENT CO., LTD.
Duration : Period :
Japan Asia Investment Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JAPAN ASIA INVESTMENT CO., LTD.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Managers and Directors
Tetsuro Shimomura Director, Head-Finance & Portfolio Management
Yoshiaki Kawamata Chairman
Masafumi Hatta Executive Officer & Head-New Energy Investments
Kenji Kishimoto Executive Officer & Head-Group Administration
Hitoshi Yasukawa Independent Outside Director