Star Mica Holdings Co., Ltd. Provides Earnings Guidance for the Year 2020
June 29, 2020
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Star Mica Holdings Co., Ltd. provided earnings guidance for the year 2020. For the year, the company expects to report sales of JPY 35,259 million, operating income of JPY 3,387 million and net income of JPY 1,846 million.
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. 
