Nihon M&A Center Inc. Reports Consolidated Earnings Results for the Second Quarter Ended September 2021
October 29, 2021 at 02:00 am EDT
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Nihon M&A Center Inc. reported consolidated earnings results for the second quarter ended September 2021. For the period, the company reported net sales of JPY 23,634 million against JPY 18,781 million a year ago. Operating profit was JPY 11,800 million against JPY 9,775 million a year ago. Profit attributable to owners of parent was JPY 7,996 million against JPY 6,763 million a year ago. Basic earnings per share was JPY 24.19 per share against JPY 20.65 per share a year ago. Diluted earnings per share was JPY 23.91 per share against JPY 20.39 per share a year ago.
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.