Nojapan Investment Adviser Co., Ltd. Revises Consolidated Earnings Guidance for the First Half Ending from January 1, 2023 to June 30, 2023 and Full Year Ending December 31, 2023
July 20, 2023 at 02:00 am EDT
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Nojapan Investment Adviser Co., Ltd. revised consolidated earnings guidance for the first half ending from January 1, 2023 to June 30, 2023 and full year ending December 31, 2023. For the first half, net sales of JPY 8,900 million compared to JPY 6,870 million previous guidance. Operating profit of JPY 3,200 million compared to JPY 1,260 million previous guidance. Profit attributable to owners of parent of JPY 1,700 million compared to JPY 500 million previous guidance. Earnings per share of JPY 56.31 compared to JPY 16.56 previous guidance.
For the full year, net sales of JPY 19,300 million compared to JPY 18,340 million previous guidance. Operating profit of JPY 5,000 million compared to JPY 4,000 million previous guidance. Profit attributable to owners of parent of JPY 2,400 million compared to JPY 2,000 million previous guidance. Earnings per share of JPY 79.49 compared to JPY 66.25 previous guidance.
Japan Investment Adviser Co Ltd is a Japan-based company mainly engaged in the operating lease business and other financial solutions business. The Operating Leasing segment is mainly engaged in the operating lease business for aircrafts and containers. The Environmental Energy segment is mainly engaged in the solar power generation business. The Parts Out and Conversion segment is mainly engaged in the purchase and dismantling of retired aircrafts, the inventory management of parts and the sale to users around the world, as well as the purchase and resale of used passenger aircrafts through remodeling them into transport aircrafts. The Other segment is engaged in the merger and acquisition (M&A) advisory business, the insurance agency business and the private equity investment business. The Media segment is engaged in the newspaper and publishing business, the advertising business and the investor relations (IR) support business for listed companies.
Nojapan Investment Adviser Co., Ltd. Revises Consolidated Earnings Guidance for the First Half Ending from January 1, 2023 to June 30, 2023 and Full Year Ending December 31, 2023
JAPAN INVESTMENT ADVISER CO., LTD. 
