ZENKOKU HOSHO Co.,Ltd. Reports Non-Consolidated Earnings Results for the Quarter Ended June 30, 2019: Provides Non-Consolidated Earnings Guidance for the Six Months of Fiscal Year 2020 and Fiscal Year Ending March 31, 2020
August 01, 2019
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ZENKOKU HOSHO Co.,Ltd. reported non-consolidated earnings results for the quarter ended June 30, 2019. For the quarter, the company reported operating revenue of JPY 8,682 million compared to JPY 8,072 million a year ago. Operating income was JPY 6,376 million compared to JPY 5,778 million. Ordinary income was JPY 6,667 million compared to JPY 6,042 million a year ago. Net income was JPY 4,610 million compared to JPY 4,144 million a year ago. Net income per share after full dilution was JPY 67.00 against JPY 60.25 a year ago. Net income per share was JPY 67.03 against JPY 60.28 a year ago.
The company provided non-consolidated earnings guidance for the six months and fiscal year ending March 31, 2020. For the period, the company is forecasting its operating revenues of JPY 17,300 million, operating income of JPY 12,450 million, ordinary income of JPY 12,900 million, and net income of JPY 8,900 million or JPY 129.41 per share.
For the six months of fiscal year 2020, the company expects non-consolidated operating revenues of JPY 17,300 million, operating income of JPY 12,450 million, ordinary income of JPY 12,900 million, and net income of JPY 8,900 million or JPY 129.41 per share.
For the full year ending March 31, 2020, the company expects non-consolidated operating revenues of JPY 44,700 million, operating income of JPY 35,100 million, ordinary income of JPY 36,100 million, and net income of JPY 24,950 million or JPY 362.78 per share.
ZENKOKU HOSHO Co., Ltd. is mainly engaged in the operation of credit guarantee business. The Companyâs guarantee products comprise three categories. The housing loan guarantees are its core products, which can meet the diverse needs of customers, such as housing acquisition funds and refinancing funds, and renovation funds and others. It acquires guarantee fees from guarantee requesters through the classification by collateral valuation and other requirements such as annual income and years of service. Education loan guarantee products guarantee the borrowings of education funds, which deal with term loans, overdraft and other formats. About the use of funds, it deals with tuition fees, exam costs and others. The apartment loan guarantee products guarantee the borrowings of construction costs of rental housing.
ZENKOKU HOSHO Co.,Ltd. Reports Non-Consolidated Earnings Results for the Quarter Ended June 30, 2019: Provides Non-Consolidated Earnings Guidance for the Six Months of Fiscal Year 2020 and Fiscal Year Ending March 31, 2020