Yamaguchi Financial Group, Inc. Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2017
January 22, 2018 at 08:37 am IST
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Yamaguchi Financial Group, Inc. reported unaudited consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported interest income of ¥49,787 million against ¥47,099 million a year ago. Ordinary profit was ¥27,209 million against ¥25,146 million a year ago. Income before income taxes and minority interests was ¥27,794 million against ¥25,254 million a year ago. Net income attributable to owners of the parent was ¥18,780 million against ¥16,935 million a year ago. Net cash used in operating activities was ¥176,196 million against ¥509,005 million a year ago. Ordinary income was ¥81,655 million against ¥84,641 million a year ago. Purchases of tangible fixed assets were ¥2,864 million against ¥2,871 million a year ago. Purchases of intangible fixed assets were ¥1,961 million against ¥1,270 million a year ago.
Yamaguchi Financial Group, Inc. is a Japan-based financial holding company principally engaged in the provision of financial services, with a focus on banking services. The Company operates two types of business. The banking business is engaged the provision of banking services, including deposit, loan, domestic and foreign exchange, securities trading and investment services. The Company is also involved in the securities, credit card and leasing businesses. The Company has 16 subsidiaries and three associated companies.