J Trust Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Revises Earnings Guidance for Year Ending March 31, 2019
February 12, 2019
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J Trust Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported operating revenue of JPY 55,173 million against JPY 56,963 million a year ago. Operating loss was JPY 29,770 million against profit of JPY 3,504 million a year ago. Loss was JPY 33,285 million against profit of JPY 16 million a year ago. Basic loss per share was JPY 318.07 compared to JPY 0.20 a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2019. For the year, the company expects operating revenue of JPY 75,441 million, operating loss of JPY 32,745 million and basic loss per share of JPY 352.80.
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 Nine Months Ended December 31, 2018; Revises Earnings Guidance for Year Ending March 31, 2019