Kyoritsu Maintenance Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 2017
February 09, 2017
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Kyoritsu Maintenance Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported net sales of JPY 101,112 million against JPY 99,702 million a year ago. Operating income was JPY 9,685 million against JPY 99,702 million a year ago. Ordinary income was JPY 9,334 million against JPY 8,073 million a year ago. Income before income taxes was JPY 8,907 million against JPY 8,303 million a year ago. Profit attributable to owners of parent was JPY 5,847 million or JPY 276.42 per diluted share against JPY 5,256 million or JPY 269.45 per diluted share a year ago. Book value per share was JPY 3,248.79 as December 31, 2016.
For the fiscal year ending March 2017, the company estimated consolidated net sales of JPY 138,000 million, operating income of JPY 11,500 million, ordinary income of JPY 11,000 million, profit attributable to owners of parent of JPY 6,900 million or JPY 356.71 per share.
KYORITSU MAINTENANCE CO., LTD. is a Japan-based company primarily engaged in the dormitory management business, hotel business and others. The Company operates in five segments. The Dormitory segment is engaged in the operation of student and company dormitories. The Hotel segment is engaged in the operation of business and resort hotels. The General Building Management segment is engaged in the provision of management services for office buildings and residential buildings. The Foods segment is engaged in the restaurant business, the food catering business and the hotel restaurant business. The Development segment is engaged in the provision of construction, planning, design and brokerage services for real estate, as well as the condominium business and other development related businesses. The Company is also engaged in the management of homes for the elders, the provision of supporting services for single people, the insurance agency business and other related businesses.
Kyoritsu Maintenance Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 2017