Escrow Agent Japan, Inc. Provides Consolidated Earnings Guidance for the Year Ending February 28, 2023
October 13, 2022 at 02:00 am EDT
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Escrow Agent Japan, Inc. provided consolidated earnings guidance for the year ending February 28, 2023. For the full year, the company expected net sales of JPY 3,904 million, operating profit of JPY 555 million, profit attributable to owners of parent of JPY 401 million, Basic earnings per share of JPY 9.24 per basic share.
Escrow Agent Japan, Inc. manages the administrative affairs between the sales contracting and the transaction settlement in the real estate transaction. The The company provides various services to financial institutions, judicial scrivener and real estate and construction companies, to improve the rationalization and efficiency of administrative work and the reliability of affairs. The Company operates in three segments. The Escrow Service segment provides systems and information technology (IT) service, building complete and delivery support service, as well as escrow accounts. The Business Process Outsourcing (BPO) segment provides property investigation, support service for execution of loan agreement, as well as manpower dispatching service. The Real Estate Auction segment provides real estate investigation, transaction price determination using real estate auction system, trust account for risk avoidance.