Ambition Corporation Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2018; Provides Earnings Guidance for the Second Quarter Ending December 31, 2018 and Full Year Ending June 30, 2019
November 13, 2018
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Ambition Corporation reported consolidated earnings results for the first quarter ended September 30, 2018. For the quarter, the company reported net sales of JPY 6,320 million against JPY 3,315 million a year ago. Operating income was JPY 272 million against loss of JPY 50 million a year ago. Ordinary profit was JPY 228 million against loss of JPY 53 million a year ago. Profit attributable to owners of parent was JPY 128 million against loss of JPY 41 million a year ago. Diluted EPS was 17.08 a year ago.
For the second quarter fiscal 2019 ending December 31, 2018, The company expects net sales of JPY 12,221 million, operating income of JPY 311 million, ordinary profit of JPY 224 million, profit attributable to owners of the parent of JPY 108 million and Basic earnings per share of JPY 16.01.
For the full year ending June 30, 2019, The company expects The company expects net sales of JPY 28,085 million, operating income of JPY 1,300 million, ordinary profit of JPY 1,088 million, profit attributable to owners of the parent of JPY 648 million and basic earnings per share of JPY 95.36.
Ambition DX Holdings Co Ltd, formerly Ambition Corp, is a Japan-based company engaged in property management business, rental brokerage business, and investment business. The Company operates through three business segments. The Property Management segment is engaged in the leasing properties rented from real estate owners with a rent guarantee to general consumers, real estate owner recruitment agency business, and restoration work when moving in and out. The Invest segment mainly develops and sells newly built designer condominiums in the premium areas of the Tokyo metropolitan area, including Meguro, Shibuya, Shinjuku, Minato, Shinagawa, Chuo. The Rental Brokerage segment is engaged in the introduction of properties to general consumers who have business stores and are looking for rental properties and mediation of rental properties. It is also engaged in insurance business and real estate digital transformation business.
Ambition Corporation Reports Consolidated Earnings Results for the First Quarter Ended September 30, 2018; Provides Earnings Guidance for the Second Quarter Ending December 31, 2018 and Full Year Ending June 30, 2019