Anicom Holdings, Inc. Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2024
May 09, 2023
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Anicom Holdings, Inc. provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2024. For the first half, the company expects recurring revenue to be JPY 29,000 million, recurring profit to be JPY 2,200 million, profit attributable to owners of parent to be JPY 1,450 million and basic earnings per share to be JPY 17.85.
For the year, the company expects recurring revenue to be JPY 60,000 million, recurring profit to be JPY 4,000 million, profit attributable to owners of parent to be JPY 2,500 million and basic earnings per share to be JPY 30.77.
Anicom Holdings Inc is a Japan-based company mainly engaged the non-life insurance business and other businesses. The Non-Life Insurance segment provides underwriting and asset management services for pet insurance. Pet insurance is a policy in which the contractor pays an insurance premium based on an insurance contract, and when the target pet receives medical treatment due to illness or injury during the insurance contract period, the insurance premiums are paid in accordance with the medical terms. Its sales channels are categorized into two channels including agency channels and direct sales channels. The Company is also involved in the animal hospital support business, insurance agency business, as well as the research and clinical business in the animal medicine field.