Nihon M&A Center Inc. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
January 30, 2019 at 01:00 am EST
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Nihon M&A Center Inc. reported consolidated earnings results for the third quarter ended December 31, 2018. For the quarter, the company reported net sales of JPY 22,717 million compared to JPY 19,963 million a year ago. Operating profit was JPY 10,825 million compared to JPY 10,357 million a year ago. Profit attributable to owners of the parent was JPY 7,652 million compared to JPY 7,332 million a year ago. Basic earnings per share were JPY 47.58 compared to JPY 45.79 per share a year ago. Diluted earnings per share were JPY 46.70 compared to JPY 45.55 per share a year ago.
For the year ending March 31, 2019, on consolidated basis, the company expects net sales to be JPY 26,700 million, operating profit is expected to be JPY 12,500 million and profit attributable to owners of the parent is expected to be JPY 8,460 million or JPY 52.78 basic per share.
Nihon M&A Center Holdings Inc, formerly Nihon M&A Center Inc, is a Japan-based company principally involved in the merger and acquisition (M&A) brokerage business. The Company mainly works on projects of small and medium-sized enterprises in Japan. The Company mainly operates M&A brokerage business. The flow of the M&A brokerage business includes marketing, contracting of the transferring company, evaluation of the transferring companies, proposal to the buyer companies, various negotiations and adjustment of contracts. Other businesses include the operation of membership organizations (membership fee income) of regional M&A centers operated by accounting offices in each region.
Nihon M&A Center Inc. Reports Consolidated Earnings Results for the Third Quarter Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2018
NIHON M&A CENTER HOLDINGS INC. 
