SBI FinTech Solutions Co., Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
August 03, 2017
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SBI FinTech Solutions Co., Ltd. reported earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported sales of JPY 3,036,986,000 against JPY 1,868,037,000 a year ago. Operating income was JPY 355,582,000 against JPY 107,698,000 a year ago. Income before tax was JPY 344,031,000 against JPY 81,067,000 a year ago. Net Income was JPY 264,248,000 against JPY 53,171,000 a year ago.
For the fiscal year ending March 31, 2018, the company expects sales to be JPY 12,575,000,000 operating income of JPY 906,000,000, Income before tax to be JPY 837,000,000, net income of JPY 603,000,000.
SBI FinTech Solutions Co Ltd is a Japan-based comprehensive fintech solutions company that operates payment service business, software as a back-office service (SaaS) business, and international remittance business. The Company operates in three business segments. The Payment Service segment is engaged in the provision of online payment service, terminal payment service for stores, and various financial services centered on factoring. The Back-Office SaaS segment is engaged in the provision of back-office support services such as the cloud-based invoice management system SEIKYU QUICK, the expense settlement system KEIHI BANK, and the approval system SHONIN TIME, as well as security service. The International Remittance segment is engaged in the provision of international remittance services.
SBI FinTech Solutions Co., Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
SBI FINTECH SOLUTIONS CO., LTD. 
