Jafco Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018
January 25, 2019 at 08:30 am IST
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JAFCO Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2018. Net sales were JPY 21,987 million compared to JPY 23,317 million a year ago. Operating income was JPY 10,073, million compared to JPY 11,091 million a year ago. Ordinary income was JPY 11,208 million compared to JPY 12,497 million a year ago. Profit before income taxes was JPY 11,266 million compared to JPY 30,834 million a year ago. Profit was JPY 8,737 million compared to JPY 21,720 million a year ago. Profit per share was JPY 282.49 compared to JPY 591.89 a year ago.
JAFCO Group Co Ltd, formerly JAFCO Co Ltd, is a Japan-based company engaged in venture investment and buyout investment business through fund management. The Company operates Fund Management business segment. The Funds are recruited from institutional investors and operating companies about once every three years. The Company also invests its own funds in all funds and commits itself to improving fund performance. The main sources of revenue are capital gains through fund investments, fund management fees, and performance fees. The Company operates business in Japan, the United States, Asia and other countries.
JAFCO GROUP CO., LTD. 
