Ichinen Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2020 and Fiscal Year Ending March 31, 2021
August 03, 2020 at 11:30 am IST
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Ichinen Holdings Co., Ltd. provided consolidated earnings guidance for the six months ending September 30, 2020 and Fiscal Year Ending March 31, 2021. For the six months ending September 30, 2020, the company expects consolidated net sales of JPY 52,000 million, operating profit of JPY 2,500 million, profit attributable to owners of parent of JPY 1,540 million and basic earnings per share were JPY 63.38.
For the fiscal year ending March 31, 2021, the company expects consolidated net sales of JPY 110,000 million, operating profit of JPY 5,000 million, profit attributable to owners of parent of JPY 2,960 million and basic earnings per share were JPY 121.82.
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.