Acom Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017
January 30, 2017 at 09:00 pm IST
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Acom Co., Ltd. announced consolidated and non-consolidated earnings results for the nine months ended December 31, 2016. For the period, on consolidated basis, the company reported operating revenue of JPY 182,516 million compared to JPY 177,924 million a year ago. Operating income was JPY 43,194 million compared to JPY 40,950 million a year ago. Ordinary income was JPY 43,621 million compared to JPY 41,516 million a year ago. Profit attributable to owners of the parent was JPY 39,629 million compared to JPY 35,538 million a year ago. Basic earnings per share were JPY 25.30 compared to JPY 22.68 a year ago. Income before income taxes was JPY 43,542 million compared to JPY 40,334 million a year ago.
For the period, on non-consolidated basis, the company reported operating revenue of JPY 137,409 million compared to JPY 131,227 million a year ago. Operating income was JPY 31,173 million compared to JPY 28,934 million a year ago. Ordinary income was JPY 32,400 million compared to JPY 33,000 million a year ago. Profit was JPY 33,701 million compared to JPY 31,989 million a year ago. Income before income taxes was JPY 32,340 million compared to JPY 31,740 million a year ago.
For the fiscal year ending March 31, 2017, on consolidated basis, the company expects operating revenue of JPY 242,300 million, operating income of JPY 64,800 million, Ordinary income of JPY 65,300 million and profit attributable to owners of the parent of JPY 58,500 or JPY 37.34 per share.
Acom Co Ltd is a Japan-based company mainly engaged in loan and credit card business, credit guarantee business, overseas financial business, debt management and collection business. The Company operates in four business segments. The Loan and Credit Card segment provides the unsecured loan business and the credit card business with MasterCard as the main product. The Credit Guarantee segment is engaged in credit guarantee business. The Overseas Financial segment includes unsecured loan business in Thailand and the Philippines, installation loan business in Thailand (individual credit purchase brokerage business), and banking business in Indonesia. The Debt Management and Collection segment provides servicer business including debt management and collection business. The others include contracting a contact center and dispatching human resources business.
Acom Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2017