Star Mica Co., Ltd. Announces Earnings Results for the Fiscal Year Ended November 2018
January 11, 2019 at 06:30 am
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Star Mica Co., Ltd. announced earnings results for the fiscal year ended November 2018. For the year, the company reported sales were JPY 30,281 million compared to JPY 23,075 million a year ago. Operating income was JPY 3,838 million compared to JPY 3,575 million a year ago. Net income was JPY 2,154 million compared to JPY 2,068 million a year ago.
Star Mica Holdings Co., Ltd. is a Japan-based company mainly engaged in renovation apartment business, investment business and advisory business. The renovation apartment business is engaged in purchase of family type apartments mainly from the metropolitan area and lease to tenants as portfolio. After the tenants leave, the Company will renovate to increase asset value, and then sold as residences to end users through house agents. The investment business conducts investments activities including leasing and sale of real estate mainly in the metropolitan area and investment development business centering on securities. The advisory business is engaged in real estate brokerage, rental brokerage, rental management, building management, operation of monthly apartments, etc. and fee operation of renovation apartment business and investment business.
STAR MICA HOLDINGS CO., LTD. 
