Iida Group Holdings Co., Ltd. Provides Earnings Guidance for the Year Ending March 2024
December 07, 2021 at 01:30 pm IST
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Iida Group Holdings Co., Ltd. provided earnings guidance for the year ending March 2024. As a result, the goals for the year ending March 2024, the final year of the Mid-Term Management Plan, will be ¥1.72 trillion of revenue and ¥165 billion to 172 billion of operating profit, respectively.
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.