Ambition Corporation Reports Consolidated Earnings Results for the First Half of Fiscal Year Ending June 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 2020; Announces Dividend Guidance for Fiscal Year Ending June 2020
April 01, 2020 at 01:30 pm IST
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Ambition Corporation reported consolidated earnings results for the first half of fiscal year ending June 2020. For the period, the company reported net sales of JPY 12,105 million against JPY 13,436 million a year ago. Operating loss was JPY 21 million against operating profit of JPY 557 million a year ago. Ordinary loss was JPY 95 million against ordinary profit of JPY 483 million a year ago. Loss attributable to owners of parent was JPY 137 million against profit attributable to owners of parent of JPY 262 million a year ago.
The company provided consolidated earnings guidance for the fiscal year ending June 2020. For the year, the company expects net sales of JPY 31,256 million, operating profit of JPY 1,647 million, ordinary profit of JPY 1,470 million and profit attributable to owners of parent of JPY 929 million.
Ambition Corporation announced that distribution of ¥25.00 per share for the fiscal year ending June 2020 remains unchanged.
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 Reports Consolidated Earnings Results for the First Half of Fiscal Year Ending June 2020; Provides Consolidated Earnings Guidance for the Fiscal Year Ending June 2020; Announces Dividend Guidance for Fiscal Year Ending June 2020
AMBITION DX HOLDINGS CO., LTD. 
