SG Holdings Co.,Ltd. Revises Earnings Guidance for the Fiscal Year Ending March 31, 2021
January 29, 2021 at 01:00 am EST
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SG Holdings Co.,Ltd. revised earnings guidance for the fiscal year ending March 31, 2021. For the year, the company now expects operating revenues of JPY 1,270,000 million, operating income was JPY 100,000 million and net income attributable to owners of the parent was JPY 70,500 million or JPY 110.98 per share against the company previous expectations operating revenues of JPY 1,248,000 million, operating income was JPY 97,000 million and net income attributable to owners of the parent was JPY 67,500 million or JPY 106.26 per 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.