Advance Create Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended December 31, 2020
March 03, 2021 at 11:35 am IST
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Advance Create Co., Ltd. announced consolidated earnings results for the first quarter ended December 31, 2020. For the period, the company reported net sales of JPY 2,573.54 million compared to JPY 2,638.82 million a year ago. Operating profit was JPY 215.413 million compared to JPY 295.104 million a year ago. Profit was JPY 92.881 million compared to JPY 177.091 million a year ago. Earnings per share was JPY 8.63 compared to JPY 17.13 a year ago. Diluted earnings per share was JPY 8.61.
Advance Create Co Ltd is a Japan-based company principally engaged in the insurance business. The Company operates through four business segments. The Insurance Agency segment is engaged in the information collection of insurances through promotion activities centered on the Web with the brand of Hoken Ichiba. Based on this information, it promotes insurance solicitation activities through various channels such as mail-order sales, face-to-face sales, sales of net-complete insurance, and joint recruitment with other agents. The Media segment is engaged in the sales promotion services through Hoken Ichiba Website. The ASP segment is engaged in the development of a common platform that can collectively manage the flow of insurance contracts for customers. The Reinsurance segment is engaged in the reinsurance business.
ADVANCE CREATE CO., LTD. 
