Fuyo General Lease Co., Ltd. Provides Earnings Guidance for the Full Year Ending March 31, 2022
November 05, 2021 at 01:00 am EDT
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Fuyo General Lease Co., Ltd. provides earnings guidance for the full year ending March 31, 2022. The company expected net sales to be JPY 610,000 million, Operating profit to be JPY 46,500 million, Profit attributable to owners of parent to be JPY 31,000 million or JPY 1,033.44 per basic share.
Fuyo General Lease Co Ltd is engaged in the financial transactions such as leasing of machinery and equipment, real estate leasing, installment sales transactions and monetary lending. The Company operates in three business segments. The Leasing & Installment segment includes leasing of information-related equipment & office equipment, industrial machine tools (including property sales associated with the expiration & cancellation of lease transactions), the leasing of real estate, as well as the installment sale of commercial equipment, production equipment, hospital equipment. The Finance segment is involved in the money lending, the operation of securities owned to obtain financial income for business purposes, and the establishing of the silent partnership. Others segment includes environment and energy-related, fees and business process outsourcing (BPO) services (new areas).