Advance Create Co., Ltd. Announces Earnings Results for the Six Months Ended March 31, 2021
July 19, 2021 at 12:00 am EDT
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Advance Create Co., Ltd. announced earnings results for the six months ended March 31, 2021. For the period, the company reported net sales of JPY 5,778 million compared to JPY 5,575 million a year ago. Operating profit was JPY 1,221 million compared to JPY 856 million a year ago. Profit attributable to owners of parent was JPY 759 million compared to JPY 552 million a year ago. Earnings per basic share was JPY 35.28 compared to JPY 26.66 a year ago. Earnings per diluted share was JPY 35.20 compared to JPY 26.65 a year ago.
Advance Create Co Ltd is a Japan-based company principally engaged in the insurance business. The Company operates through four business segments. The Insurance Agency segment is engaged in the information collection of insurances through promotion activities centered on the Web with the brand of Hoken Ichiba. Based on this information, it promotes insurance solicitation activities through various channels such as mail-order sales, face-to-face sales, sales of net-complete insurance, and joint recruitment with other agents. The Media segment is engaged in the sales promotion services through Hoken Ichiba Website. The ASP segment is engaged in the development of a common platform that can collectively manage the flow of insurance contracts for customers. The Reinsurance segment is engaged in the reinsurance business.