JACCS Co., Ltd. Reports Audited Consolidated Financial Results for the Year Ended Mar. 31, 2019
January 23, 2020 at 08:30 pm IST
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JACCS Co., Ltd. reported audited consolidated financial results for the year ended Mar. 31, 2019. For the year, the company reported total operating revenue of JPY 145,836 million against JPY 134,051 million for the same period of last year. Operating income was JPY 14,370 million against JPY 12,679 million for the same period of last year. Net income was JPY 9,134 million against JPY 8,095 million for the same period of last year. Net income per basic share was JPY 260.13 against JPY 227.32 for the same period of last year. Net income per diluted share was JPY 258.79 against JPY 226.22 for the same period of last year.
JACCS CO., LTD. is a Japan-based company engaged in the provision of consumer credit services. The Company provides comprehensive credit purchasing mediation, individual credit purchasing mediation, financing and credit guarantee services, among others. The comprehensive credit purchasing mediation business issues credit cards after credit check. The individual credit purchasing mediation business conducts credit check when consumers receive products or services from member stores of the Company. The credit guarantee services business conducts credit check and guatantees its debt when consumers borrow funds to purchase real estate, automobiles and others. The financing business is a cashing service provided to card members. The other businesses include the collection agency business and other businesses.