Ambition Corporation Announces Consolidated Earnings Results for the First Quarter of Fiscal Year Ending June 2020; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending June 2020
December 19, 2019 at 11:30 am IST
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Ambition Corporation announced consolidated earnings results for the first quarter of fiscal year ending June 2020. For the quarter, the company reported net sales of ¥6,906 million, operating profit of ¥161 million, profit attributable to owners of parent of ¥37 million compared to net sales of ¥6,320 million, operating profit of ¥272 million, profit attributable to owners of parent of ¥128 million for the first quarter ended June 2019.
For the first half of fiscal year ending June 2020, the consolidated company expects net sales of ¥14,389 million, operating profit of ¥327 million, profit attributable to owners of parent of ¥143 million.
For the fiscal year ending June 2020, the consolidated company expects net sales of ¥31,256 million, operating profit of ¥1,647 million, profit attributable to owners of parent of ¥929 million.
Ambition DX Holdings Co Ltd, formerly Ambition Corp, is a Japan-based company engaged in property management business, rental brokerage business, and investment business. The Company operates through three business segments. The Property Management segment is engaged in the leasing properties rented from real estate owners with a rent guarantee to general consumers, real estate owner recruitment agency business, and restoration work when moving in and out. The Invest segment mainly develops and sells newly built designer condominiums in the premium areas of the Tokyo metropolitan area, including Meguro, Shibuya, Shinjuku, Minato, Shinagawa, Chuo. The Rental Brokerage segment is engaged in the introduction of properties to general consumers who have business stores and are looking for rental properties and mediation of rental properties. It is also engaged in insurance business and real estate digital transformation business.
Ambition Corporation Announces Consolidated Earnings Results for the First Quarter of Fiscal Year Ending June 2020; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending June 2020
AMBITION DX HOLDINGS CO., LTD. 
