SBI AXES Co., Ltd. Reports Earnings Results for the Nine Months Ended December 2016
February 13, 2017
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SBI AXES Co., Ltd. reported earnings results for the nine months ended December 2016. For the period, the company reported sales of JPY 5,929,659,000 compared to JPY 5,328,246,000 a year ago. Operating income was JPY 441,207,000 compared to JPY 390,363,000 a year ago. Income before tax was JPY 421,085,000 compared to JPY 431,831,000 a year ago. Net income was JPY 274,660,000 compared to JPY 363,149,000 a year ago.
SBI FinTech Solutions Co Ltd is a Japan-based comprehensive fintech solutions company that operates payment service business, software as a back-office service (SaaS) business, and international remittance business. The Company operates in three business segments. The Payment Service segment is engaged in the provision of online payment service, terminal payment service for stores, and various financial services centered on factoring. The Back-Office SaaS segment is engaged in the provision of back-office support services such as the cloud-based invoice management system SEIKYU QUICK, the expense settlement system KEIHI BANK, and the approval system SHONIN TIME, as well as security service. The International Remittance segment is engaged in the provision of international remittance services.
SBI FINTECH SOLUTIONS CO., LTD. 
