Seven Bank, Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Full Year Ending March 31, 2021
February 04, 2021 at 11:00 pm EST
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Seven Bank, Ltd. provided consolidated and non-consolidated earnings guidance for the full year ending March 31, 2021. For the year on consolidated basis, the company expects Ordinary income of JPY 134.2 billion. Net income of JPY 23.0 billion. Ordinary profit of JPY 32.8 billion.
For the year on non-consolidated basis, the company expects Ordinary income of JPY 109.8 billion. Net income of JPY 22.4 billion. Ordinary profit of JPY 32.4 billion.
Seven Bank Ltd is engaged in the provision of financial services such as automatic teller machine (ATM) service, Internet banking service, and loan service. The Company operates its business through two business segments. Domestic Business segment is involved in the ATM platform business that installs ATMs at stores such as Seven-Eleven and Ito-Yokado, as well as at airports, stations, financial institution stores. The Segment also provides settlement account services including ordinary deposits, time deposits, loan services, overseas money transfer services, debit services, as well as the contract work from other financial institutions. The Overseas Business segment provides ATM services mainly in the United States and Indonesia. The Company also conducts investment advisory business.