FJ Next Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Interim Period and Full Year Ending March 31, 2020
August 01, 2019 at 08:00 am
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FJ Next Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2019. For the quarter, the company reported net sales of JPY 22,231 million against JPY 17,727 million a year ago. Operating income was JPY 2,688 million against JPY 1,932 million a year ago. Net income attributable to Shareholders of Parental Company was JPY 1,820 million against JPY 1,287 million a year ago. Net income per share was JPY 55.69 against JPY 39.38 a year ago.
For the interim period, the company expects net sales of JPY 44,000 million, operating Income of JPY 5,400 million, net income attributable to Shareholders of Parental Company of JPY 3,400 million and net income per share of JPY 104.02.
For the fiscal year ending March 31, 2020, the company expects net sales of JPY 90,000 million, operating Income of JPY 11,000 million, net income attributable to Shareholders of Parental company of JPY 7,000 million and net income per share of JPY 214.16.
FJ Next Holdings Co Ltd, formerly FJ Next Co Ltd, is mainly engaged in the real estate sales business in the metropolitan areas. The Company has four business segments. The Real Estate Development segment mainly develops, sells, brokers and of one-room mansions and family condominiums in the Tokyo metropolitan area, and also engages in the real estate business in the Izu area. This segment also provides financial services. The Real Estate Management segment mainly undertakes rental management from condominium division owners and building management contracts from management associations. The Construction segment mainly designs, constructs, inspects, and renovates buildings such as condominiums. The Hotel segment operates hot spring hotels in Shizuoka Prefecture.
FJ Next Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Interim Period and Full Year Ending March 31, 2020