J Trust Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings and Dividend Guidance for the Full Year of 2018
February 13, 2018
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J Trust Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2017. For the period, the company reported operating revenues of JPY 66,895 million compared with JPY 63,718 million for the same period a year ago. Operating profit was JPY 2,691 million compared with JPY 7,635 million for the same period a year ago. Profit before income taxes was JPY 1,511 million compared with JPY 7,449 million for the same period a year ago. Loss attributable to owners of parent was JPY 20 million or JPY 0.20 per diluted share compared with JPY 6,187 million or JPY 57.45 per diluted share for the same period a year ago. Net cash used in operating activities was JPY 3,458 million against JPY 6,545 million for the same period a year ago. Purchase of property, plant and equipment, and investment property was JPY 1,275 million against JPY 1,330 million for the same period a year ago. Purchase of intangible assets was JPY 461 million against JPY 775 million for the same period a year ago.
The company provided dividend guidance for the full year of fiscal 2018. The company plans to pay a final dividend of JPY 6.00 per share for the full year of fiscal 2018.
The company provided earnings guidance for the full year of 2018. For the full year, the company expects to report operating revenues of JPY 88,577 million, operating profit of JPY 2,844 million and loss attributable to owners of parent of JPY 448 million or JPY 4.35 per basic share.
J Trust Co Ltd is a Japan-based company mainly engaged in Japan finance business, Korea and Mongolia finance business, Southeast Asia finance business, real estate business, and investment business. The Company operates in five business segments. The Japan Finance segment consists of credit guarantee services, debt collection services, credit and consumer credit services, securities services, and other financial services. The Korea and Mongolia Financial segment consists of savings banking, debt collection, and financial services. The Southeast Asia Finance segment includes banking and debt collection services. The Real Estate segment consists of real estate development, subdivision, and sales of single-family houses, design and construction of detached houses, real estate leasing, and real estate rental management. The Investment segment consists of domestic and overseas investment operations. The Company is also engaged in system business.
J Trust Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2017; Provides Earnings and Dividend Guidance for the Full Year of 2018