Akatsuki Corp. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017, Payable on December 8, 2017
November 14, 2017 at 06:49 pm
Share
Akatsuki Corp. reported consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported operating revenues of JPY 9,442 million, net operating revenues of JPY 4,198 million, operating income of JPY 1,109 million, ordinary income of JPY 1,381 million and net income attributable to owners of parent of JPY 1,118 million or JPY 60.81 per diluted share as compared to operating revenues of 2,365 million, net operating revenues of JPY 1,727 million, operating loss of JPY 320 million, ordinary income of JPY 495 million and net loss attributable to owners of parent of JPY 120 million a year ago.
The company provided consolidated earnings guidance for the fiscal year ending March 31, 2018. For the year, the company expects operating revenues of JPY 21,800 million, operating income of JPY 1,200 million, ordinary income of JPY 1,400 million and net income attributable to owners of parent of JPY 1,100 million.
For the second quarter ended September 30, 2017, the company announced dividend of JPY 10.00 per share against JPY 4.00 per share a year ago, payable on December 8, 2017.
Akatsuki Corp. is a holding company primarily engaged in securities business and real estate related business. The Company operates in two segments. The Securities segment is engaged in the buying and selling, agency and brokerage, underwriting, issuing, and subscription of securities. The Real Estate-related segment mainly manages assets related to buying and selling real estate, leasing, and investing in real estate related financial products. The segment includes used real estate revitalization and renovation, asset management for the elderly housing business, investment advisory services centered on real estate transactions, investment management, and trunk room operations.
Akatsuki Corp. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018; Announces Dividend for the Second Quarter Ended September 30, 2017, Payable on December 8, 2017