Azuma House Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year ending March 31, 2020; Provides Dividend Guidance for the Fiscal Year ending March 31, 2020
November 13, 2019
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Azuma House Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2019. For the period, the company reported net sales of ¥7,202 million against ¥6,174 million a year ago. Operating income was ¥766 million against ¥687 million a year ago. Net income attributable to owners of parent was ¥490 million against ¥437 million a year ago. Net income per share was ¥122.14 against ¥108.91 a year ago. Diluted net income per share was ¥121.92 against ¥108.71 a year ago.
For the fiscal year ending March 31, 2020, the company expects net sales to be ¥12,650 million, operating income to be ¥1,413 million, net income attributable to owners of parent to ¥870 million and net income per share to be ¥216.57.
For the fiscal year ending March 31, 2020, the company expects to pay dividend of ¥80.00 per share against ¥80.00 per share paid a year ago.
AZUMA HOUSE Co., Ltd. is a real estate company. The Company operates in four business segments. The Real Estate and Construction segment is engaged in sale of land, condominiums, house for sale, sold house, ordered construction, as well as renovation work and real estate brokerage business. The Real Estate Rental segment is engaged in management of real estate rental, real estate intermediation, as well as management of elderly house with services. The Land Utilization segment is engaged in sale of rental house of asset management proposal type and rental house for sale. The Hotel segment operates hotel business and restaurant business.
Azuma House Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Earnings Guidance for the Fiscal Year ending March 31, 2020; Provides Dividend Guidance for the Fiscal Year ending March 31, 2020