Heiwa Real Estate Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2019
January 28, 2019
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Heiwa Real Estate Co., Ltd. revised consolidated earnings guidance for the year ending March 31, 2019. For the year, the company expects revised operating revenue of JPY 39,000 million, operating income of JPY 8,800 million, net income attributable to owners of parent of JPY 5,800 million and net income per share of JPY 149.11 compared to previously expected operating revenue of JPY 41,500 million, operating income of JPY 8,800 million, net income attributable to owners of parent of JPY 5,300 million and net income per share of JPY 136.25.
HEIWA REAL ESTATE CO.,LTD. is a Japan-based company mainly engaged in leasing business and real estate solution business. The Company operates in two business segments. The Leasing segment specializes in the development, leasing, management and operation of stock exchanges, offices, commercial facilities and housing. The Real Estate Solution segment is engaged in the development, sales, operation and management of real estates for revenue, development and sales of residential houses as well as real estate agency business. The Others businesses include the maintenance and repair of building equipment, contract work for repair, insurance agency business, etc.