ERI Holdings Co., Ltd. Lowers Earnings Guidance for the Fiscal Year Ending May 2018
January 17, 2018 at 08:40 am
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ERI Holdings Co., Ltd. lowered earnings guidance for the fiscal year ending May 2018. The company now expects net sales of JPY 13,144 million, operating profit of JPY 595 million, ordinary profit of JPY 601 million, profit attributable to owners of the company of JPY 360 million and earnings per share of JPY 45.98 against previous forecast of net sales of JPY 12,187 million, operating profit of JPY 635 million, ordinary profit of JPY 643 million, profit attributable to owners of the company of JPY 410 million and earnings per share of JPY 52.45.
ERI Holdings Co Ltd is a Japan-based company mainly engaged in the evaluation, rating, and inspection businesses. The Company operates through three segments. The Building Confirmation and Inspection and Related Business segment is engaged in the inspection and confirmation of buildings, and the structural evaluation of high-rise buildings. The Housing Performance Evaluation and Related Business segment is engaged in the housing performance evaluation of new and existing homes, and technical review work related to the certification of long-term excellent homes. The Solution Business segment is engaged in due diligence work, inspection work, housing and consumer work. The Company conducts inspections for housing defect liability insurance, Flat 35 compliance certification, and technical reviews of low-carbon buildings. It also provides regular architect training, exam courses, seminars, and contract development of architectural computer-aided design (CAD) and cost estimating systems.
ERI HOLDINGS CO., LTD. 
