Iida Group Holdings Co., Ltd. Revises Consolidated Earning Guidance for the Fiscal Year Ended March 2021
April 16, 2021 at 09:30 am IST
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Iida Group Holdings Co., Ltd. revised earning guidance for the fiscal year ended March 2021. For the year the company revised consolidated revenue of JPY 1,450,000 million, operating profit of JPY 118,000 million, net profit of JPY 82,000 million, Profit attributable to owners of the parent company was JPY 81,500 million and basic earnings per share of JPY 282.61 compared to previously announced revised consolidated revenue of JPY 1,380,000 million, operating profit of JPY 90,000 million, net profit of JPY 58,000 million, Profit attributable to owners of the parent company was JPY 58,000 million and basic earnings per share of JPY 201.12.
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.