Iida Group Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2022
May 14, 2021
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Iida Group Holdings Co., Ltd. provided consolidated earnings guidance for the first half and full year of fiscal year ending March 31, 2022. For the first half, the company expects revenue to be JPY 695,000 million. Operating profit to be JPY 61,000 million. Net Profit to be JPY 41,000 million. Basic earnings per share to be JPY 142.17.
For the full year, the company expects revenue to be JPY 1,470,000 million. Operating profit to be JPY 128,000 million. Net Profit to be JPY 86,000 million. Basic earnings per share to be JPY 298.22.
Iida Group Holdings Co., Ltd. is a holding company, which is principally engaged in the operation of real estate business. Through the subsidiaries, the Company is engaged in the detached house sale business, including the purchase of commercial lands, reclamation, planning, design, construction and sale, the provision of after-sale services, and land subdivision operation; the condominium sale business, including the operative construction and distribution of condominiums, and the contracted works, including the undertaken of real estate construction works. The Company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others. On May 22, 2014, it acquired 94.54% interests in a Japan-based company.