Nihon M&A Center Holdings Inc. Provides Earnings Guidance for the Interim Period Ended September 2023 and Full Year Ended March 2024
April 28, 2023 at 02:00 am EDT
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Nihon M&A Center Holdings Inc. provided earnings guidance for the interim period ended September 2023 and full year ended March 2024. For the interim period, the company expects net sales to be JPY 17,600 million, operating profit to be JPY 6,800 million, profit attributable to owners of parent to be JPY 4,400 million and basic earnings per share to be JPY 13.30.
For the full year, the company expects net sales to be JPY 44,000 million, operating profit to be JPY 17,000 million, profit attributable to owners of parent to be JPY 11,000 million and basic earnings per share to be JPY 33.24.
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.