Iida Group Holdings Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2020
February 09, 2021 at 07:00 am
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Iida Group Holdings Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2020. For the period, the company reported revenue was ¥1,101,832 million against ¥969,076 million a year ago. Operating income was ¥86,758 million against ¥65,261 million a year ago. Net income attributable to parent company was ¥57,471 million against ¥42,870 million a year ago. Basic earnings per share was ¥199.29 against ¥148.66 a year ago. Net profit was ¥57,828 million against ¥43,161 million a year ago.
Iida Group Holdings Co., Ltd. is a holding company, which is principally engaged in the operation of real estate business. Through the subsidiaries, the Company is engaged in the detached house sale business, including the purchase of commercial lands, reclamation, planning, design, construction and sale, the provision of after-sale services, and land subdivision operation; the condominium sale business, including the operative construction and distribution of condominiums, and the contracted works, including the undertaken of real estate construction works. The Company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others. On May 22, 2014, it acquired 94.54% interests in a Japan-based company.