FJ Next Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2020
July 31, 2020 at 08:00 am
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FJ Next Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported net sales of JPY 12,256 Million compared to JPY 22,231 Million for the same period a year ago. Operating income was JPY 851 Million compared to JPY 2,688 Million for the same period a year ago. Net income was JPY 514 Million compared to JPY 1,820 Million a year ago. Net income per share was JPY 15.74 compared to JPY 55.69 a year ago.
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.