J Trust Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
May 11, 2017
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J Trust Co., Ltd. announced consolidated earnings results for the year ended March 31, 2017. For the year, the company reported operating revenue of JPY 85,031 million against JPY 75,478 million a year ago. Operating loss was JPY 5,769 million against JPY 4,114 million a year ago. Ordinary loss was JPY 6,747 million against JPY 4,678 million a year ago. Loss attributable to the owners of the parent was JPY 9,876 million or JPY 92.82 per share against JPY 5,712 million or JPY 49.65 per share a year ago. Negative return on equity was 6.4% against 3.3% a year ago. Net assets per share were JPY 1,415.91 against JPY 1,455.90 a year ago. Net cash used in operating activities was JPY 14,434 million against JPY 32,435 million a year ago. Loss before income taxes was JPY 8,359 million against JPY 5,602 million a year ago. Purchase of property, plant and equipment was JPY 1,937 million against JPY 2,593 million a year ago. Purchase of intangible assets was JPY 1,558 million against JPY 953 million a year ago.
For the full year ending March 31, 2018, the company expects operating revenue of JPY 89,490 million, operating income of JPY 10,058 million, profit attributable to the owners of the parent of JPY 8,137 million or JPY 79.05 per share.
J Trust Co Ltd is a Japan-based company mainly engaged in Japan finance business, Korea and Mongolia finance business, Southeast Asia finance business, real estate business, and investment business. The Company operates in five business segments. The Japan Finance segment consists of credit guarantee services, debt collection services, credit and consumer credit services, securities services, and other financial services. The Korea and Mongolia Financial segment consists of savings banking, debt collection, and financial services. The Southeast Asia Finance segment includes banking and debt collection services. The Real Estate segment consists of real estate development, subdivision, and sales of single-family houses, design and construction of detached houses, real estate leasing, and real estate rental management. The Investment segment consists of domestic and overseas investment operations. The Company is also engaged in system business.
J Trust Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018