Advance Create Co., Ltd. Announces Financial Guidance for the Year Ending September 30, 2020
August 18, 2020 at 11:00 pm EDT
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Advance Create Co., Ltd. announced financial guidance for the year ending September 30, 2020. The company expected net sales of JPY 11,400 million, operating profit of JPY 1,570 million, profit attributable to owners of parent of JPY 1,000 million and EPS of JPY 95.42.
Advance Create Co Ltd is a Japan-based company principally engaged in the insurance business. The Company operates through four business segments. The Insurance Agency segment is engaged in the information collection of insurances through promotion activities centered on the Web with the brand of Hoken Ichiba. Based on this information, it promotes insurance solicitation activities through various channels such as mail-order sales, face-to-face sales, sales of net-complete insurance, and joint recruitment with other agents. The Media segment is engaged in the sales promotion services through Hoken Ichiba Website. The ASP segment is engaged in the development of a common platform that can collectively manage the flow of insurance contracts for customers. The Reinsurance segment is engaged in the reinsurance business.