Acom Co., Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2020
October 23, 2020 at 12:00 pm IST
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Acom Co., Ltd. revised consolidated and non-consolidated earnings guidance for the year ending March 31, 2020. For the year, on consolidated basis the company revised operating revenue to be JPY 263,000 million, Operating profit to be JPY 89,500 million, Profit attributable to owners of parent to be JPY 70,300 million and Basic earnings per share to be JPY 44.87.
For the year, on standalone basis the company revised operating revenue to be JPY 196,800 million, Operating profit to be JPY 65,500 million, Profit to be JPY 70,300 million and basic earnings per share to be JPY 40.60.
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.