Takara Leben Co., Ltd. Announces Consolidated Earnings Result for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017; Provides Dividend Guidance for Year Ending March 31, 2017
January 22, 2017
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Takara Leben Co., Ltd. announced consolidated earnings result for the nine months ended December 31, 2016. For the period, the company reported net sales of ¥53,705 million against ¥34,452 million a year ago. Operating income was ¥3,552 million against ¥1,057 million a year ago. Ordinary income was ¥2,764 million against ¥405 million a year ago. Net income was ¥1,840 million or ¥16.79 diluted per share against ¥190 million or ¥1.72 diluted per share a year ago. Net income before income taxes was ¥2,764 million against ¥303 million a year ago.
For the year ending March 31, 2017, on consolidated basis, the company expects net sales of ¥105,000 million, operating income of ¥15,000 million, ordinary income of ¥13,900 million and net income of ¥9,000 million or ¥81.77 per share.
The company expects to pay a dividend of ¥10.00 per share for the year ending March 31, 2017 as compared to ¥9.00 paid a year ago.
Mirarth Holdings Inc is a Japan-based company mainly engaged in the planning, development, sale and liquidation business of the newly built condominium Leben series, as well as the energy business. The Company operates through four business segments. The Real Estate Sales Business segment mainly engages in the sale of newly built condominiums, income real estate and detached houses, as well as the renewal condominium business. The Real Estate Rental Business segment is engaged in the rental business of offices and residential condominiums. The Real Estate Management Business segment is engaged in the comprehensive management business of condominiums. The Energy Business segment conducts power generation business using renewable energy nationwide. The Company also engages in nursing care business, construction business, commissioned sales agency business, investment management business and hotel business.
Takara Leben Co., Ltd. Announces Consolidated Earnings Result for the Nine Months Ended December 31, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017; Provides Dividend Guidance for Year Ending March 31, 2017
MIRARTH HOLDINGS,INC. 
