japan asia investment co ltd (8518) Snapshot

Japan Asia Investment Co. Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2013. For the year, on consolidated basis, the company reported operating revenue of ¥4,766 million, operating loss of ¥1,948 million, ordinary loss of ¥2,816, net loss of ¥2,744 million or loss per share of ¥23.28 compared to operating revenue of ¥6,860 million, operating loss of ¥2,449 million, ordinary loss of ¥3,111, net loss of ¥3,078 million or loss per share of ¥26.12 for the same period last year. Negative return on equity was 233.6% against 105.9% a year ago. Net cash provided by operating activities was ¥1,196 million against ¥738 million a year ago. Purchase of property, plant and equipment was ¥15 million compared to ¥47 million for the same period last year. Purchase of intangible assets was ¥1 million compared to ¥6 million for the same period last year. The company reported loss before income taxes of ¥2,728 million compared to ¥3,335 million for the same period last year. For the year, on non-consolidated basis, the company reported operating revenue of ¥3,165 million, operating loss of ¥1,819 million, ordinary loss of ¥2,617, net loss of ¥2,440 million or loss per share of ¥20.71 compared to operating revenue of ¥4,758 million, operating loss of ¥1,458 million, ordinary loss of ¥2,036, net loss of ¥2,227 million or loss per share of ¥18.90 for the same period last year. The company reported loss before income taxes of ¥2,434 million compared to ¥2,252 million for the same period last year.

Japan Asia Investment Co. Ltd., 2013 Earnings Call, May 17, 2013

Japan Asia Investment Co. Ltd. announced that they will report fiscal year 2013 results on May 10, 2013