Akatsuki Corp. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019
November 14, 2018 at 04:29 pm
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Akatsuki Corp. reported consolidated earnings results for the six months ended September 30, 2018. For the quarter, the company reported operating Revenue was JPY 15,270 million against JPY 9,442 million a year ago. Net operating revenues were JPY 4,633 million against JPY 4,198 million a year ago. Operating income was JPY 351 million against JPY 1,109 million a year ago. Ordinary income was JPY 184 million against JPY 1,381 million a year ago. Net income attributable to owners of parent was JPY 139 million against JPY 1,118 million a year ago. Diluted net income per share was JPY 5.73 against INR 60.81 a year ago.
For the full year ending March 31, 2019, on consolidated basis, the company expects net sales of JPY 37,000 million, operating income of JPY 2,100 million, ordinary income of JPY 1,600 million and net income attributable to owners of parent JPY 1,000 million.
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, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019