Ichinen Holdings Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 02, 2021 at 07:00 am
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Ichinen Holdings Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2021. For the quarter, the company reported net sales of JPY 29,624 million as compared to JPY 27,032 million a year ago. Operating profit was JPY 2,323 million as compared to JPY 1,541 million a year ago. Profit attributable to owners of parent of JPY 1,493 million as compared to JPY 946 million a year ago. Basic earnings per share were JPY 61.45 as compared to JPY 38.97 a year ago. Diluted earnings per share was JPY 61.25 compared to JPY 38.90 a year ago.
Ichinen Holdings Co Ltd is engaged in the car leasing related business. The Company operates through five business segments. The Car Leasing Related segment is engaged in the leasing of automobiles, equipment and other movable properties, the rental business and the disposal of expired leasing cars and the entrusted automotive maintenance business, among others. The Chemical segment manufactures and sells chemical products for automobile, machinery and equipment and industrial uses. The Parking segment operates client parking lots and coin-operated parking lots. The Machine Tool Sales segment sells machine tools, automotive maintenance tools, air conditioning tools and measuring tools, among others. The Synthetic Resin segment is engaged in the design, manufacture and sale of synthetic resin products. It is also engaged in the production and sales of agricultural products, leasing and management of properties, as well as the manufacture and sale of processed glass products.