Seven Bank, Ltd. Provides Financial Guidance for the Six Months Ending Sep. 2021 and for the Year Ending Mar. 31, 2022
August 06, 2021 at 02:00 am EDT
Share
Seven Bank, Ltd. provided financial guidance for the six months ending Sep. 2021 and for the year ending Mar. 31, 2022. For the six months, the company expects, ordinary income of ¥66,600 million, ordinary profit of ¥12,700 million and net income attributable to owners of the parent of ¥8,900 million or ¥7.56 per share.
For the year, the company expects, ordinary income of ¥137,600 million, ordinary profit of ¥28,300 million and net income attributable to owners of the parent of ¥19,700 million or ¥16.75 per share.
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.