Tama Home Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended November 30, 2017; Provides Earnings and Dividend Guidance for the Year Ending May 31, 2018
January 12, 2018
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Tama Home Co., Ltd. announced unaudited consolidated earnings results for the six months ended November 30, 2017. For the quarter, the company reported net sales of JPY 72,126 million compared to JPY 63,494 million for the same period a year ago. Operating loss was JPY 55 million compared to JPY 1,346 million for the same period a year ago. Ordinary loss was JPY 186 million compared to JPY 1,494 million for the same period a year ago. Loss before taxes and minority interest was JPY 433 million compared to JPY 1,548 million for the same period a year ago. Loss attributable to owners of parent was JPY 598 million compared to JPY 1,547 million for the same period a year ago. Net loss per share was JPY 19.93 compared to JPY 51.48 for the same period a year ago. Net cash provided by operating activities was JPY 2,047 million compared to net cash used in operating activities of JPY 327 million for the same period a year ago. Purchase of property, plant and equipment was JPY 918 million against JPY 368 million a year ago.
The company provided earnings guidance for the year ending May 31, 2018. For the period, the company expects net sales of JPY 170,200 million, operating income of JPY 4,000 million, ordinary income of JP 3,600 million, net income of JPY 1,600 million or JPY 53.23 per share.
For the year ending May 31, 2018, the company expects dividend of JPY 26.0 per share compared to JPY 15.0 per share paid in the same period a year ago.
Tama Home Co., Ltd. Is a Japan-based company mainly engaged in residential business, real estate business, financial business and energy business. The Company operates in four business segment. The Residential business segment is engaged in the contract construction and renovation of detached house and apartment house. The Real Estate business segment is engaged in development of detached house, development and sales of condominiums, sublease of rental building, as well as real estate brokerage. The Financial business segment is engaged in insurance agency business of fire insurance and life insurance and bridge loan for home purchaser. The Energy business segment is engaged in the operation and management of mega solar power generation facilities.
Tama Home Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended November 30, 2017; Provides Earnings and Dividend Guidance for the Year Ending May 31, 2018