LeTech Corporation Issues Financial Report for First Two Quarters of Fiscal 2022
[Japanese GAAP] [Non-Consolidated]
Name
LeTech Corporation (Securities Code: 3497)
Fiscal year
August 1 to July 31
Current fiscal year
Fiscal 2022 (August 1, 2021 to July 31, 2022)
Notes
Diluted earnings per share is not indicated as it was a net loss per share.
1. Results for First Two Quarters of Fiscal 2022
(First two quarters of fiscal 2022 is from August 1, 2021 to January 31, 2022)
(1) Business Results
Net sales
Operating profit
Ordinary profit
Profit
[mn yen]
[mn yen]
[mn yen]
[mn yen]
First two quarters of fiscal 2022
4,092 (−65.7%)
−2,949 (−)
−3,347 (−)
−3,872 (−)
First two quarters of fiscal 2021
11,943 (−21.9%)
996 (−21.4%)
510 (−20.7%)
290 (+535.5%)
Diluted
Return on
Ordinary profit
Operating profit
Basic earnings
earnings per
equity
to total assets
to net sales
per share [yen]
share
[%]
[%]
[%]
[yen]
First two quarters of fiscal 2022
−1,233.23
−
−
−
−
First two quarters of fiscal 2021
93.66
91.80
−
−
−
(2) Financial Position
Total assets
Net assets
Equity ratio
Net assets per
share
[mn yen]
[mn yen]
[%]
[yen]
First two quarters of fiscal 2022
30,012
881
2.9
−
Fiscal 2021
33,564
4,655
13.9
−
2. Dividends
Fiscal 2021
Fiscal 2022
Fiscal 2022 [forecast]
Annual dividends [yen]
Q1 Q2 Q3 Q4 Total
− 0.00 − 7.00 7.00
−
0.00
－
－
－
Total dividends
Payout ratio
Dividend on
equity ratio
[mn yen]
[%]
[%]
−
−
−
−
−
−
−
−
3. Forecast of Results for Fiscal 2022 (August 1, 2021 to July 31, 2022)
Net sales
Operating profit
Ordinary profit
Profit
Basic earnings
[mn yen]
[mn yen]
[mn yen]
[mn yen]
per share [yen]
Full year
18,634 (−2.2%)
−653 (−)
−1,476 (−)
−1,477 (−)
−502.25
Inquiries
Takashi Mizumukai, Director, General Manager of Administration Division
TEL: +81-6-6362-3355
Disclaimer: Corporate Flash is a service provided by Transpacific Enterprises as part of Japan Market Flash services. Any inquiries concerning the content of the posted information should be made directly to the contact at the concerned company. The information provided herein does not constitute business, legal, investment or tax advice, and is presented without any representation or warranty whatsoever as to the accuracy or completeness of the information, or whether it reflects the most current developments. Parties seeking advice should consult with business, legal, investment or tax counsel familiar with their particular circumstances. The sole purpose of this service is to provide information for the users of the service, and is not to solicit investment, or to recommend an investment in a specific issue, etc.
1/1
Attachments
Original Link
Original Document
Permalink
Disclaimer
Legal Corporation published this content on 24 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 06:17:07 UTC.
LeTech Corp is a Japan-based company primarily engaged in the real estate related business. The Company operates through two business segments. The Real Estate Solutions segment is engaged in the purchase real estate from property information of various sources, raises asset value by applying value up, as well as sales properties to high net worth individuals. The Real Estate Solutions segment includes detached housing, land effective utilization, residential development, commercial development, and renovation. The Real Estate Rental segment is engaged in the rental of real estate owned by the Company. The Company also engages in the real estate consulting business and the nursing care business including paid nursing home, housing for the elderly with the service, installation, operation and management of the group home, care prevention support service based on the care insurance law, and home care insurance business.
LETECH CORPORATION 
