Advance Create Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended March 31, 2020
June 03, 2020 at 01:15 pm IST
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Advance Create Co., Ltd. reported consolidated earnings results for the six months ended March 31, 2020. For the six months, the company reported net sales of JPY 5,575,599,000 against JPY 5,161,461,000 a year ago. Operating profit was JPY 856,918,000 against JPY 689,467,000 a year ago. Profit was JPY 552,920,000 against JPY 442,320,000 a year ago. Earnings per share were JPY 53.31 against JPY 42.66 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.