Seven Bank, Ltd. Provides Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2023
May 06, 2022 at 12:00 am EDT
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Seven Bank, Ltd. provided earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 72,500 million, operating profit of JPY 13,500 million, net income attributable to owners of the parent of JPY 9,500 million and net income per share of JPY 8.08.
For the fiscal year, the company expected net sales of JPY 149,000 million, operating profit of JPY 28,000 million, net income attributable to owners of the parent of JPY 19,500 million and net income per share of JPY 16.59.
Seven Bank Ltd is engaged in the provision of financial services such as automatic teller machine (ATM) service, Internet banking service, and loan service. The Company operates its business through two business segments. Domestic Business segment is involved in the ATM platform business that installs ATMs at stores such as Seven-Eleven and Ito-Yokado, as well as at airports, stations, financial institution stores. The Segment also provides settlement account services including ordinary deposits, time deposits, loan services, overseas money transfer services, debit services, as well as the contract work from other financial institutions. The Overseas Business segment provides ATM services mainly in the United States and Indonesia. The Company also conducts investment advisory business.