Keihanshin Building Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016
January 29, 2016 at 10:15 pm IST
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Keihanshin Building Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of ¥11,221 million against ¥11,104 million a year ago. Operating income was ¥3,881 million against ¥3,718 million a year ago. Ordinary income was ¥3,663 million against ¥3,340 million a year ago. Income before income taxes and minority interests was ¥4,856,869,000 against ¥3,274,572,000 a year ago. Profit attributable to owners of parent was ¥3,253 million or ¥60.28 per share against ¥2,126 million or ¥39.40 per share a year ago. Net cash provided by operating activities was ¥1,436,109,000 against ¥3,278,393,000 a year ago. Purchase of property, plant and equipment was ¥6,286,438,000 against ¥9,163,592,000 a year ago. Purchase of intangible assets was ¥34,500,000 against ¥12,417,000 a year ago.
For the fiscal year ending March 31, 2016, the company expects net sales of ¥14,860 million, operating income of ¥5,050 million, ordinary income of ¥4,700 million and net income of ¥3,700 million or ¥68.55 per share.
Keihanshin Building Co.,Ltd. is a Japan-based company mainly engaged in the rental of land and buildings, as well as the building management, construction contracting business. The Land and Building Leasing segment is involved in the rental of office buildings, data center buildings, Windsville, commercial buildings and other commercial buildings, as well as the maintenance and cleaning of buildings and machinery. The Company is also involved in the construction, equipment contracting and real estate brokerage business.
Keihanshin Building Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2016