AEON Financial Service Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Six Months Ended September 30, 2016; Announces Dividend for the Second Quarter of Fiscal Year 2017, Payable on December 9, 2016; Provides Dividend Guidance for the Year Ending March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2017
November 10, 2016
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AEON Financial Service Co., Ltd. reported consolidated and non-consolidated earnings results for the six months ended September 30, 2016. For the period on consolidated basis, the company reported ordinary income of ¥180,991 million against ¥173,830 million a year ago. Ordinary profit was ¥27,426 million against ¥25,913 million a year ago. Profit attributable to owners of parent was ¥17,005 million or ¥84.44 per share diluted against ¥14,109 million or ¥70.98 per share diluted a year ago. Net assets per share were ¥1,508.36 against ¥1,465.31 per share a year ago. Profit before income taxes was ¥27,280 million against ¥24,813 million a year ago.
For the second quarter, the company announced dividend of ¥29.00 against ¥28.00 per share a year ago, payable on December 9, 2016.
For the year ending March 31, 2017, the company expects to pay dividend of ¥39.00 against ¥38.00 per share a year ago.
For the year ending March 31, 2017, the company expects ordinary income of ¥380,000 million, ordinary profit of ¥63,000 million, profit attributable to owners of parent of ¥37,000 million or ¥171.56 per share.
For the six months on non-consolidated basis, the company reported ordinary income of ¥7,570 million against ¥5,437 million a year ago. Operating Revenue was ¥11,625 million against ¥11,494 million a year ago. Operating income was ¥7,904 million against ¥5,843 million a year ago. Net income was ¥6,775 million or ¥33.84 per share against ¥4,743 million or ¥23.87 per share a year ago. Profit before income taxes was ¥7,193 million against ¥4,849 million a year ago.
Aeon Financial Service Co Ltd is engaged in the provision of financial services. The Company operates in five segments. The Retail segment is engaged in the banking and insurance businesses for individual customers. The Solution segment is engaged in the provision of financial services utilizing databases such as processing business and individual item installment business. The China segment, Mekong segment and Malaysia segment are engaged in the provision of financial services, such as credit cards and loans.
AEON Financial Service Co., Ltd. Reports Consolidated and Non-Consolidated Earnings Results for the Six Months Ended September 30, 2016; Announces Dividend for the Second Quarter of Fiscal Year 2017, Payable on December 9, 2016; Provides Dividend Guidance for the Year Ending March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2017