Hulic Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2012; Provides Earnings Guidance for the Full Year of Fiscal 2012
October 28, 2012
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Hulic Co., Ltd. reported earnings results for the nine months ended September 30, 2012. For the period, the company has posted operating revenue of ¥64.4 billion against ¥33.9 billion a year ago. Operating income was ¥15.5 billion against ¥14.6 billion a year ago. Net income was ¥8.7 billion against ¥6.5 billion a year ago.
For the full year of fiscal 2012, the company expects operating revenue of ¥80.0 billion and operating income of ¥21.5 billion. The company also expects net income of ¥9.5 billion.
Hulic Co Ltd is a Japan-based company mainly engaged in the real estate business and insurance business. It operates through two business segments. Real Estate segment has three kinds of business. The real estate leasing business manages approximately 250 rental properties (excluding real estate for sale) that are owned and managed mainly near stations in the 23 wards of Tokyo. Real estate development business is performed according to the characteristics of the property location. Asset management business is entrusted with asset management business. It also provides real estate rental, building management and cleaning business. The Insurance segment is engaged in non-life insurance agency business such as fire insurance and automobile insurance, life insurance such as fixed-term insurance and endowment insurance, and solicitation business. It is also engaged in the design, repair and construction work on owned buildings, hotel and inn management and agricultural production in Vietnam.
HULIC CO., LTD. 
