Apaman Co., Ltd. Announces Consolidated Earnings Results for the First Quarter of 2018; Provides Consolidated Earnings Guidance for the Year 2018
April 04, 2018 at 12:57 am
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Apaman Co., Ltd. announced consolidated earnings results for the first quarter of 2018. For the quarter, the company reported net sales of JPY 9,756 million compared to JPY 9,416 million a year ago. Operating income was JPY 173 million compared to JPY 242 million a year ago. Ordinary income was JPY 43 million compared to JPY 134 million a year ago. Profit attributable to owners of parent was JPY 69 million compared to JPY 61 million a year ago. EBITDA was JPY 585 million compared to JPY 658 million a year ago.
For the year 2018, the company expects net sales of JPY 40,500 million, operating income of JPY 2,600 million, ordinary income of JPY 2,100 million and profit attributable to owners of the parent of JPY 800 million.
Apaman Co., Ltd., formerly Apamanshop Holdings Co.,Ltd., is mainly engaged in agency business, property management business and principal investment and fund business based on the real estate information network. The Company operates though three business segments. The Agency segment is engaged in the leasing agency business through operation of direct stores, as well as the leasing agency franchise (FC) business through FC stores. The Property Management segment is engaged in leasing management and property subleasing. The Principal Investment and Fund segment is engaged in the real estate investment business for rent and the value-up business to resell real estate. The Others segment is engaged in parking business, co-working business, small office home office (SOHO) and capital management business.