Prestige International : May 12 Consolidated Results Fiscal Year 2023 with script
May 25, 2023 at 05:02 am EDT
Share
Financial Results
For The Fiscal Year Ended March 2023
April 1, 2022 ▶ March 31, 2023
May 12, 2023
Securities Code 4290
⃰ This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
My name is Yoshizawa, in charge of investor relations. Hello.
Thank you very much for your participation in our financial results briefing today. We would also like to thank you for your continued support and understanding of our group's business operations.
We are able to operate our business thanks to the support of our stakeholders, including our shareholders, clients, and subcontractors who provide us with assistance services on a daily basis. Thank you very much.
Today, I would like to explain our FY2023.3 financial results, our financial forecasts and management policies for the future.
Let me begin by reporting our FY2023.3 financial results. We will do our best to provide you with useful information.
1
Executive Summary
10 Consecutive Years of
Operating profit increased for 10 consecutive years
Operating Profit Growth
FY2013.3 2.3 billion yen ▶ FY2023.3 7.8 billion yen
The annual dividend is 11 yen per share, an increase
Dividend
of 2.50 yen from the previous fiscal year (fiscal year
ended March 2022).
Women's Volleyball Team
Promoted to V.LEAGUE DIVISION1 WOMEN (V1
Aranmare Yamagata
WOMEN) by The Japan Volleyball League Organization
I will now provide an overview of today's briefing.
In FY2023.3, operating profit increased for 10 consecutive years. It increased from JPY2.3 billion in FY2013.3 to JPY7.8 billion in FY2023.3. We intend to continue to manage our business based on this keynote.
In light of this result, we will increase the dividend to JPY11 per share.
We have sports teams in our regional sales offices. Among them, a women's volleyball team, Aranmare Yamagata, located in Yamagata is promoted to the V1 league.
These three are the major topics for the executive summary.
Now, I would like to explain the details.
2
▍Financial Results Summary for FY2023.3
▍Financial Results Summary for FY2023.3 by Segment ▍Financial Forecast for FY2024.3
Summary of Consolidated Financial Results for FY2023.3
(million yen)
*Due to rounding down fractions, some values may not equal the sum of the separate figures.
FY2022.3
FY2023.3
YoY
Full-Year
Achievement
Forecast
(%)
Ratio
(announced Oct 25 2022)
Sales
46,744
54,562
+7,818
53,000
102.9%
(+16.7%)
Operating profit
6,842
7,840
+998
7,900
99.2%
(+14.6%)
Ordinary profit
7,151
8,378
+1,226
8,150
102.8%
(+17.2%)
Profit attributable to
4,357
5,318
+961
4,900
108.5%
owners of parent
(+22.1%)
Sales and profits were generally in line with forecast thanks to the solid performance of the existing main businesses.
Unplanned vaccine-related operations in the Customer Business contributed to the increase in revenue and profit.
Profit attributable to owners of parent increased due to the application of time-limited legislated tax credits and an incentive system for wage increases.
As you can see from the data projected here, as I mentioned at the beginning of this presentation, we achieved a large YoY increase in sales, reaching JPY54,562 million in FY2023.3.
Operating profit was JPY7,840 million. Thanks to the solid performance of our existing main businesses, it was generally in the line with the forecast.
Profit attributable to owners of parent also increased significantly partly because of the application of the time-limited legislated tax credits and incentives system for wage increase.
5
Attachments
Original Link
Original Document
Permalink
Disclaimer
Prestige International Inc. published this content on 25 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2023 09:00:51 UTC.
Prestige International Inc. is a Japan-based company engaged in the provision of business support services. The road assist business provides 24-7 customer contact services and road assist services for automobile makers. The property assist business provides real estate-related services such as house cleaning and others. The insurance business process outsourcing (BPO) business provides Japanese call center services and claims agent services for overseas customers such as travelers. The warranty business provides extended warranty and maintenance programs. The information technology (IT) solution business provides various IT related services. The customer support business provides database marketing solutions such as customer contact service and purchase data analysis service. The customer relationship management (CRM) business offers 24-7 accident reception services. The dispatch and others business offers temporary staffing and staff agency services, and nursing home care services.
PRESTIGE INTERNATIONAL INC. 
