Housedo Co.,Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2016; Provides Dividend Guidance for the Year End of Fiscal Year Ending June 30, 2016; Provides Earnings Guidance for the Year Ending June 30, 2016
May 10, 2016 at 08:20 pm EDT
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Housedo Co.,Ltd. reported consolidated earnings results for the nine months ended March 31, 2016. For the period, the company's the company's net sales were JPY 12,908 million compared to JPY 11,068 million a year ago. Operating income was JPY 957 million compared to JPY 473 million a year ago. Ordinary income was JPY 900 million compared to JPY 406 million a year ago. Net income attributable owners of parent was JPY 591 million or JPY 69.32 per diluted share compared to JPY 293 million or JPY 42.05 per diluted share a year ago.
The company provided dividend guidance for the year end of fiscal year ending June 30, 2016. For the year end, the company expects to pay JPY 9.50 per share compared to JPY 35 per share paid a year ago.
The company provided earnings guidance for the year ending June 30, 2016. For the year, the company expects net sales of JPY 17,156 million, operating income of JPY 1,266 million, ordinary income of JPY 1,180 million and net income attributable owners of parent of JPY 768 million or JPY 91.52 per share.
&Do Holdings Co Ltd has four business divisions. The Franchise segment provides know-how in the real estate brokerage for small and medium-sized real estate companies. The Real Estate segment includes buying, selling and leasing businesses. The House Distribution segment involves real estate brokerage, renovation and housing (new construction detached) businesses. The Others segment is engaged in the recruitment and education businesses, as well as mortgage mediation business, among others.
Housedo Co.,Ltd. Reports Consolidated Earnings Results for the Nine Months Ended March 31, 2016; Provides Dividend Guidance for the Year End of Fiscal Year Ending June 30, 2016; Provides Earnings Guidance for the Year Ending June 30, 2016