Sanyo Housing Nagoya Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended November 30, 2015; Provides Consolidated Earnings Guidance for the Six Months Ending February 29, 2016 and Full Year Ending August 31, 2016
January 14, 2016 at 06:15 pm
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Sanyo Housing Nagoya Co., Ltd. reported consolidated earnings results for the three months ended November 30, 2015. For the three months, the company reported net sales of JPY 6,191 million against JPY 6,814 million a year ago. Operating loss was JPY 54 million against income of JPY 1 million a year ago. Ordinary loss was JPY 7 million against income of JPY 59 million a year ago. Loss before income taxes and minority interests was JPY 633.5 million compared with income of JPY 5,756.5 million a year ago. Loss attributable to owners of parent was JPY 3 million against income of JPY 51 million a year ago. Diluted net loss per share was JPY 0.27 against net income per share were JPY 3.45 a year ago.
For the six months ending February 29, 2016, on consolidated basis, the company expects net sales of JPY 16,735 million, operating income of JPY 611 million, ordinary income of JPY 716 million, profit attributable to the owners of the parent company of JPY 470 million and net income per share of JPY 33.11.
For the full year ending August 31, 2016, on consolidated basis, the company expects net sales of JPY 38,895 million, operating income of JPY 1,940 million, ordinary income of JPY 2,151 million, profit attributable to the owners of the parent company of JPY 1,425 million and net income per share of JPY 97.55.
AVANTIA CO.,LTD., formerly SANYO HOUSING NAGOYA CO., LTD., is a Japan-based company principally engaged in the housing business. The Company operates in three business segments. The Housing segment is engaged in the construction and sale of custom-made housing with land and detached houses. The Condominium segment is engaged in the planning and sale of condominiums. The General Contract Work segment is engaged in the contract construction works, contract civil engineering works and contract piping works. The Company is also engaged in the brokerage and surveying of real estate properties.
Sanyo Housing Nagoya Co., Ltd. Reports Consolidated Earnings Results for the Three Months Ended November 30, 2015; Provides Consolidated Earnings Guidance for the Six Months Ending February 29, 2016 and Full Year Ending August 31, 2016