Acom Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 2024
November 09, 2023 at 12:00 pm IST
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Acom Co., Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year ending March 2024. For the period, the company expects Operating Revenue of JPY 293,100 million compared to JPY 284,300 million, Operating Profit JPY 84,500 million compared to JPY 90,400 million, Profit Attributable to Owners of Parent JPY 52,900 million compared to JPY 57,900 million, Basic Earnings per Share (yen) JPY 33.77 compared to JPY 36.96.
For the Non consolidated the company expects, Operating Revenue of JPY 214,600 million compared to JPY 210,600 million, Operating Profit JPY 58,500 million compared to JPY 67,000 million, Profit Attributable to Owners of Parent JPY 45,800 million compared to JPY 51,400 million, Basic Earnings per Share (yen) JPY 29.24 compared to JPY 32.81.
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.