Nihon M&A Center Holdings Inc. Provides Consolidated Earnings Guidance for the Six Months Ending September 2023 and Year Ending March 31, 2024
July 28, 2023 at 02:00 am EDT
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Nihon M&A Center Holdings Inc. provided consolidated earnings guidance for the six months ending September 2023 and year ending March 31, 2024. For the six months ending September 2023, the company expects net sales of JPY 17,600 million, operating income of JPY 6,800 million and profit attributable to owners of parent of JPY 4,400 million or JPY 13.30 per share.
For the year ending March 2024, the company expects net sales of JPY 44,000 million, operating income of JPY 17,000 million and profit attributable to owners of parent of JPY 11,000 million or JPY 33.24 per share.
Nihon M&A Center Holdings Inc, formerly Nihon M&A Center Inc, is a Japan-based company principally involved in the merger and acquisition (M&A) brokerage business. The Company mainly works on projects of small and medium-sized enterprises in Japan. The Company mainly operates M&A brokerage business. The flow of the M&A brokerage business includes marketing, contracting of the transferring company, evaluation of the transferring companies, proposal to the buyer companies, various negotiations and adjustment of contracts. Other businesses include the operation of membership organizations (membership fee income) of regional M&A centers operated by accounting offices in each region.