FJ Next Co., Ltd. Announces Dividend for the Second Quarter Ended September 30, 2019; Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Dividend and Consolidated Earnings Guidance for the Year Ending March 31, 2020
November 01, 2019 at 07:00 am
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FJ Next Co., Ltd. announced dividend for the second quarter ended September 30, 2019. For the quarter, the company announced dividend of JPY 22 per share compared to JPY 16 per share a year ago, payable on December 3, 2019.
For the year ending March 31, 2020, the company expects dividend of JPY 22 per share compared to JPY 20 per share a year ago.
The company reported consolidated earnings results for the six months ended September 30, 2019. For the six months, the company reported net sales of JPY 42,868 million compared to JPY 36,915 million a year ago. Operating income was JPY 4,807 million compared to JPY 4,294 million a year ago. Ordinary income was JPY 4,790 million compared to JPY 4,289 million a year ago. Net income attributable to shareholders of parental company was JPY 3,078 million or JPY 94.19 per share compared to JPY 2,719 million or JPY 83.22 per share a year ago.
The company provided consolidated earnings guidance for the year ending March 31, 2020. For the year, the company expects net sales of JPY 90,000 million, operating income of JPY 11,000 million, ordinary income of JPY 11,000 million and net income attributable to shareholders of parental company of JPY 7,000 million or JPY 214.16 per share.
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 Dividend for the Second Quarter Ended September 30, 2019; Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Dividend and Consolidated Earnings Guidance for the Year Ending March 31, 2020