Daito Trust Construction Co. Ltd Provides Consolidated and Non-Consolidated Earnings Guidance for the Second Quarter and Full Year of Fiscal Year 2016
October 16, 2016
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Daito Trust Construction Co. Ltd. revised consolidated and non-consolidated earnings guidance for the six months ended September 30,2016 and full year ending March 31, 2017. For the second quarter, on consolidated basis, the company expects net sales of JPY 738,871 million, operating profit of JPY 71,950 million, ordinary profit of JPY 74,120 million, net income attributable to shareholders of the parent company of JPY 50,180 million and net income per share of JPY 652.75 against previously forecasted net sales of JPY 740,000 million, operating profit of JPY 61,000 million, ordinary profit of JPY 63,000 million, net income attributable to shareholders of the parent company of JPY 42,500 million and net income per share of JPY 544.21 a year ago.
For the quarter, on non-consolidated basis, the company expects net sales of JPY 320,190 million, operating profit of JPY 42,420 million, ordinary profit of JPY 56,559 million, net income attributable to shareholders of the parent company of JPY 42,147 million and net income per share of JPY 548.25 against previously forecasted net sales of JPY 322,500 million, operating profit of JPY 33,500 million, ordinary profit of JPY 47,500 million, net income attributable to shareholders of the parent company of JPY 35,800 million and net income per share of JPY 458.42 a year ago.
For the year, on consolidated basis, the company expects net sales of JPY 1,498,000 million, operating profit of JPY 118,000 million, ordinary profit of JPY 122,000 million, net income attributable to shareholders of the parent company of JPY 82,100 million and net income per share of JPY 1,051.29 against previously forecasted net sales of JPY 1,498,000 million, operating profit of JPY 107,000 million, ordinary profit of JPY 111,000 million, net income attributable to shareholders of the parent company of JPY 74,500 million and net income per share of JPY 953.97 a year ago.
For the year, on non-consolidated basis, the company expects net sales of JPY 645,600 million, operating profit of JPY 64,100 million, ordinary profit of JPY 81,600 million, net income attributable to shareholders of the parent company of JPY 58,700 million and net income per share of JPY 751.65 compared with net sales of JPY 645,000 million, operating profit of JPY 54,000 million, ordinary profit of JPY 71,500 million, net income attributable to shareholders of the parent company of JPY 52,000 million and net income per share of JPY 665.86 a year ago.
Daito Trust Construction Co Ltd is a Japan-based company mainly engaged in real estate-related business. The Company operates through three business segments. The Construction segment is engaged in the planning, design and construction of contracted works. The Real Estate segment is engaged in the brokerage, management and leasing of real estates, the provision of real estate information and guarantor contract business. The Financial segment is involved in the construction loan business, trust business, consulting business related to asset succession and asset management, and fire reinsurance business. It is also engaged in the sale of fuel (LP gas), operation of day service centers and childcare facilities, provision of home-visit nursing care services, sale and supply of electricity, operation of overseas hotel businesses, and the ship and print of documents.
DAITO TRUST CONSTRUCTION CO.,LTD. 
