The following is a translation, for convenience only, of the original document issued in Japanese.
Summary of Financial Statements for Fiscal 2017November 9, 2017
Company Name: | FinTech Global Incorporated | (Code Number: 8789 TSE Mothers) |
(URL: http://www.fgi.co.jp/ english) | TEL: +81-3-5733-2121 | |
Representative: | President and Chief Executive Officer | Name: Nobumitsu Tamai |
Inquiries: | Senior Executive Officer | Name: Takashi Senda |
Scheduled date of General Shareholders'Meeting: December 19, 2017 | ||
Scheduled date for filing of securities report: December 20, 2017 |
Overview of financial condition and business results for fiscal 2017 (October 1, 2016- September 30, 2017)
(Rounded down to the nearest million)
Business results (Percentages indicate year-on-year changes.)
Revenues
Operating income
Ordinary profit
Profit/(loss) attributable to owners of parent
Fiscal 2017
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
7,182
(4.1)
(1,319)
-
(1,341)
-
(1,358)
-
Fiscal 2016
7,485
37.9
(1,031)
-
(1,369)
-
(1,384)
-
(Reference) Comprehensive income: (1,186) million yen for fiscal 2017 (-%)
(1,481) million yen for fiscal 2016 (-%)
Net income/(loss) per share
Net income/(loss) per share (diluted)
Return on equity (ROE)
Return on assets (ROA)
Return on sales (ROS)
Fiscal 2017
Yen
Yen
%
%
%
(8.39)
-
(24.6)
(11.2)
(18.4)
Fiscal 2016
(8.56)
-
(19.7)
(11.9)
(13.8)
(Reference) Equity in earnings of affiliated companies: 11 million yen for fiscal 2017
0 million yen for fiscal 2016
Consolidated financial position
Total assets
Net assets
Equity ratio
Net assets
per share
Fiscal 2017
Millions of yen
Millions of yen
%
Yen
12,932
5,326
37.1
29.64
Fiscal 2016
10,975
6,312
57.0
38.66
(Reference) Shareholders'equity: 4,800 million yen for fiscal 2017
6,260 million yen for fiscal 2016
Consolidated cash flows (Unit: Millions of yen)
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents
at end of period
Fiscal 2017
(1,153)
(1,026)
2,937
2,969
Fiscal 2016
(1,305)
(302)
(751)
2,240
Dividends per share
Total dividends (Annual)
Payout ratio (Consolidated)
Dividends on equity (DOE)
(Consolidated)
Record date
End of first quarter
End of second quarter
End of third quarter
End of fiscal year
Total
Fiscal 2016
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
-
0.00
-
0.00
0.00
-
-
-
Fiscal 2017
-
0.00
-
0.00
0.00
0
-
-
Fiscal 2018(Forecast)
-
0.00
-
-
-
-
Dividends
(Note) The dividend forecast for fiscal year ending September 30, 2018, is yet to be determined.
Full-year performance forecasts for fiscal 2018 (October 1, 2017 - September 30, 2018)
In fiscal 2017, the investment banking business is likely to see sustained demand for real estate securitization arrangement transactions. Large exits on asset investments are also expected. The real estate business, with projects well on track, should deliver a stable increase in business results, underpinning a major improvement in profitability on a consolidated basis.
That said, exits on asset management contracts, including large deals, are being coordinated with numerous participants. In addition, the spread in the assumed the value amount of these exits at this stage is considerable. Given these variables, it is extremely difficult to accurately estimate value amounts and the best time to exit these investments, and management will therefore hold back on performance forecasts. As soon as exit details are firmed up, management will make the appropriate announcement.
Matters of note
Transfer of principal consolidated subsidiaries during the term
(Transfer of specified subsidiaries accompanying change in scope of consolidation.): Applicable New: 1 (Company name: Hanno Local Resource Utilization LLC )
Excluded:- (Company names:- )
Changes in accounting policies, changes in accounting estimates, restatements:
Changes based on revision of accounting standards: None
Changes other than (1) above: None
Changes in accounting estimates: Applicable
Restatements: None
Number of shares issued
Number of shares outstanding (including treasury stock): 161,935,300 shares for fiscal 2017
161,927,300 shares for fiscal 2016
Number of shares of treasury stock: - shares for fiscal 2017
- shares for fiscal 2016
Average number of shares outstanding for each period: 161,932,894 shares for fiscal 2017
161,917,605 shares for fiscal 2016
(Reference) Summary of non-consolidated financial condition and business results
1. Non-consolidated financial condition and business results for fiscal 2017 (October 1, 2016 - September 30, 2017)
Non-consolidated business results (Percentages indicate year-on-year changes.)
Revenues
Operating income
Ordinary profit
Net income/(loss)
Fiscal 2017
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
1,066
(53.0)
(1,152)
-
(1,054)
-
(1,017)
-
Fiscal 2016
2,268
54.9
(939)
-
(1,200)
-
(1,194)
-
Net income/(loss) per share
Net income per share (diluted)
Fiscal 2017
Yen
Yen
(6.28)
-
Fiscal 2016
(7.38)
-
Non-consolidated financial position
This summary of financial statements is not subject to quarterly review procedures.
Information concerning appropriate use of forward-looking statements, and other matters of note
Total assets | Net assets | Equity ratio | Net assets per share | |
Fiscal 2017 | Millions of yen | Millions of yen | % | Yen |
8,635 | 5,688 | 65.3 | 34.83 | |
Fiscal 2016 | 7,572 | 6,495 | 85.3 | 39.91 |
(Reference) Shareholders'equity: 5,640 million yen for fiscal 2017, and 6,462 million yen for fiscal 2016
Forward-looking statements in this report are based on data available to management as of November 9, 2017, and certain assumptions considered reasonable at the time of disclosure. Actual results may differ considerably from estimates due to unforeseen factors.
FGI - FinTech Global Inc. published this content on 09 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 November 2017 14:28:01 UTC.
Original documenthttp://www.fgi.co.jp/archives/002/201711/5a0464bf9da91.pdf
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