Seven Bank, Ltd. Provides Earnings Guidance for the Semi-Annual and Full Year Ending March 31, 2022
May 06, 2021 at 10:00 pm EDT
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Seven Bank, Ltd. provided earnings guidance for the semi-annual and full year ending March 31, 2022. For the semi-annual (accumulated) the company expects ordinary income of JPY 66,600 million. Net income attributable to owners of the parent of JPY 8,900 million. Ordinary profit of JPY 12,700 million. Net income per share was JPY 7.56.
For the year the company expects ordinary income of JPY 137,600 million. Net income attributable to owners of the parent of JPY19,700 million. Ordinary profit of JPY 28,300 million. Net income per share was JPY 16.75.
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.