Prestige International : Oct 28 Consolidated Results Second Quarter Fiscal Year 2023
October 28, 2022 at 12:43 pm IST
Share
Financial Results
For Q2 of The Fiscal Year Ending March 2023
April 1, 2022 ▶ September 30, 2022
October 28, 2022
Securities Code 4290
Executive Summary
Upward Revision of
Full-Year Forecast
(Record High)
Sales 53 billion yen
(Previous forecast 52 billion yen)
Operating Profit 7.9 billion yen (Previous forecast 7.4 billion yen)
◼ Increased 0.50 yen per share for interim dividend
Dividend
Annual dividend forecast revised to 10.00 yen per
share
Acquisition of 2-star
"Eruboshi Certification"
Acquired 2-star "Eruboshi Certification" by the Minister of Health, Labour and Welfare in recognition of the Company's approaches in accordance with the Law for the Promotion of Women's Advancement.
Exchange rate against USD (predicted): 143.81 yen (as of September 30, 2022)
*Due to rounding down fractions, some values may not equal the sum of the separate figures.
FY2023.3
FY2022.3
Difference
YoY(%)
FY2023.3
Difference
Difference
Forecast
Initilal
vs.
vs.
Actual
(revised)
Forecast
Initial
Initial(%)
Sales
53,000
46,744
+6,256
+13.4%
52,000
+1,000
+1.9%
Operating Profit
7,900
6,842
+1,057
+15.5%
7,400
+500
+6.8%
Ordinary Profit
8,150
7,151
+998
+14.0%
7,600
+550
+7.2%
Profit Attributable
4,900
4,357
+542
+12.5%
4,500
+400
+8.9%
to Owners of Parent
In the Customer Business, the initial forecast was premised on the completion of vaccination-related programs contracted by municipalities, etc. by September 2022, however, the period was extended. In addition, demand for new outsourcing business from other clients remains strong and is expected to increase.
Profitability is expected to recover thanks to a recovery in the number of service users in the Global Business as a result of the revitalization of economic activity.
Solid and continuous performance at the PI Group subsidiary Entrust Inc.(securities code: 7191), managing the Financial Guarantee Business, is exceeding the initial plan.
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Prestige International Inc. published this content on 28 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2022 07:12:08 UTC.
Prestige International Inc. is a Japan-based company engaged in the provision of business support services. The road assist business provides 24-7 customer contact services and road assist services for automobile makers. The property assist business provides real estate-related services such as house cleaning and others. The insurance business process outsourcing (BPO) business provides Japanese call center services and claims agent services for overseas customers such as travelers. The warranty business provides extended warranty and maintenance programs. The information technology (IT) solution business provides various IT related services. The customer support business provides database marketing solutions such as customer contact service and purchase data analysis service. The customer relationship management (CRM) business offers 24-7 accident reception services. The dispatch and others business offers temporary staffing and staff agency services, and nursing home care services.
PRESTIGE INTERNATIONAL INC. 
