SG Holdings Co.,Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2020; Provides Earnings Guidance for the Half Year and Full Year Ending March 31, 2021
April 30, 2020 at 01:55 am EDT
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SG Holdings Co.,Ltd. reported consolidated earnings results for the year ended March 31, 2020. For the year, the company reported operating revenue of JPY 1,173,498 million compared to JPY 1,118,094 million a year ago. Operating income was JPY 75,447 million compared to JPY 70,359 million a year ago. Net income attributable to the company was JPY 47,292 million or JPY 148.90 per basic share compared to JPY 43,465 million or JPY 136.86 per basic share a year ago.
For the half year 2021, operating revenue is expected to be JPY 587,000 million. Operating income is expected to be JPY 34,500 million and net income attributable to the company is expected to be JPY 21,000 million or JPY 66.12 per basic share.
For the year ending March 31, 2021 operating revenue is expected to be JPY 1,200,000 million. Operating income is expected to be JPY 78,500 million and net income attributable to the company is expected to be JPY 48,500 million or JPY 152.70 per basic share.
SG Holdings Co Ltd provides delivery business, logistics business and real estate business. The Company operates in three business segments. The Delivery segment provides hikyaku express courier, hikyaku large size courier service, mail service, specified letter service, art transport, delivery agent and food delivery. The Logistics segment provides distribution processing, logistics system construction, inventory storage and delivery management, international courier service and international air and sea transportation. The Real Estate segment provides real estate leasing and management, real estate development, asset management. The Company is also engaged in the transportation non-life insurance agency business, the sale of truck fuel, maintenance and sale of transportation vehicles, development and operation of logistics systems, provision of cash-on-delivery services for courier services, and the provision of human resources centered on work outsourcing in logistics facilities.
SG Holdings Co.,Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2020; Provides Earnings Guidance for the Half Year and Full Year Ending March 31, 2021