Advance Create Co., Ltd. Announces Consolidated Financial Results for the Nine Months Ended June 30, 2020
August 19, 2020 at 08:30 am IST
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Advance Create Co., Ltd. announced consolidated financial results for the nine months ended June 30, 2020. For the period, the company reported net sales of JPY 7,662 million against JPY 7,687 million a year ago. Operating profit was JPY 757 million against JPY 957 million a year ago. profit attributable to owners of Parent was JPY 430 million against JPY 614 million a year ago. EPS basic were JPY 41.19 against JPY 59.31 a year ago.
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.