J Trust Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported operating revenue of JPY 20,352 million against JPY 20,352 million a year ago. Operating profit was JPY 2,574 million against JPY 899 million a year ago. Profit before income taxes was JPY 2,252 million against loss of JPY 471 million a year ago. Profit attributable to the owners of the parent was JPY 1,779 million or JPY 17.27 per diluted share against loss of JPY 968 million or JPY 8.65 per diluted share a year ago. Net cash provided by operating activities was JPY 7,342 million against net cash used in operating activities of JPY 8,583 million a year ago. Purchase of property, plant and equipment, and investment property was JPY 471 million against JPY 370 million a year ago. Purchase of intangible assets was JPY 163 million against JPY 83 million a year ago.

For the full year ending March 31, 2018, the company expects consolidated 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 basic share.

For the end of second quarter, the company expects to pay a dividend of JPY 6.00 per share compared with JPY 6.00 per share.

For the full year ending March 31, 2018, the company expects to pay a year-end dividend of JPY 6.00 per share compared with JPY 6.00 per share full year ended March 31, 2017.