Ichinen Holdings Co., Ltd. Provides Consolidated Earnings Forecast for the Six Months Ended September 30, 2021 and Full Year Ending March 31, 2022
August 02, 2021 at 11:30 am IST
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Ichinen Holdings Co., Ltd. provides consolidated earnings forecast for the six months ended September 30, 2021 and full year ending March 31, 2022. For the six months, the company forecast net sales of ¥59,340 million. Operating profit of ¥4,004 million. Profit attributable to owners of parent of ¥2,562 million. Basic earnings per share of ¥105.44.
For the full year, the company forecast net sales of ¥117,000 million. Operating profit of ¥7,000 million. Profit attributable to owners of parent of ¥4,430 million. Basic earnings per share of ¥182.32.
Ichinen Holdings Co Ltd is engaged in the car leasing related business. The Company operates through five business segments. The Car Leasing Related segment is engaged in the leasing of automobiles, equipment and other movable properties, the rental business and the disposal of expired leasing cars and the entrusted automotive maintenance business, among others. The Chemical segment manufactures and sells chemical products for automobile, machinery and equipment and industrial uses. The Parking segment operates client parking lots and coin-operated parking lots. The Machine Tool Sales segment sells machine tools, automotive maintenance tools, air conditioning tools and measuring tools, among others. The Synthetic Resin segment is engaged in the design, manufacture and sale of synthetic resin products. It is also engaged in the production and sales of agricultural products, leasing and management of properties, as well as the manufacture and sale of processed glass products.