Seven Bank, Ltd. Provides Earnings Guidance for the First Six Months and Full Year of Fiscal Year Ending March 31, 2024
August 04, 2023 at 12:00 am EDT
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Seven Bank, Ltd. provided earnings guidance for the first six months and full year of fiscal year ending March 31, 2024. For the first six months, the company expects ordinary income of JPY 88,500 million, net income attributable to owners of the parent of JPY 29,300 million and net income per share of JPY 24.94.
For the full year, the company expects ordinary income of JPY 198,500 million, net income attributable to owners of the parent of JPY 38,300 million and net income per share of JPY 32.62.
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.