Arealink Co.,Ltd. Reports Non-Consolidated Earnings Results for the First Half Ended June 30, 2013; Provides Dividend Guidance for the Fiscal Year 2013; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2013
July 29, 2013
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Arealink Co.,Ltd. reported non-consolidated earnings results for the first half ended June 30, 2013. For the period, the company reported operating revenue of JPY 6,461 million, operating income of JPY 898 million, ordinary income of JPY 865 million and net income of JPY 782 million or JPY 6.38 per share against operating revenue of JPY 4,951 million, operating income of JPY 555 million, ordinary income of JPY 499 million and net income of JPY 446 million or JPY 3.64 per share for the same period a year ago. Net income before income taxes was JPY 870,691 million against JPY 478,379 million for the same period a year ago. Net cash provided by operating activities was JPY 1,462 million against net cash used in operating activities of JPY 345.7 million for the same period a year ago. Purchase of intangible assets was JPY 6.5 million against JPY 17.8 million for the same period a year ago.
The company expects to pay year end dividend of JPY 2.50 per share for the fiscal year 2013.
For the fiscal year ending December 31, 2013, the company expects operating revenue of JPY 11,565 million, operating income of JPY 1,485 million, ordinary income of JPY 1,400 million and net income of JPY 1,200 million or JPY 9.77 per share.
Arealink Co., Ltd. is mainly engaged in the provision leasing services of storage space. The Company operates in two business segments. The Real Estate Operation Service segment is involved in the provision of storage space, the setting of containers, the parking lot business, the lease, maintenance and management of secondhand real estate including offices, stores, dwelling houses and hotels, the provision of small offices, among other businesses. The Real Estate Revitalization and Liquidation Service segment adds value to its purchased real estate properties by conducting renovation works to the buildings, and sells the properties to investors.
Arealink Co.,Ltd. Reports Non-Consolidated Earnings Results for the First Half Ended June 30, 2013; Provides Dividend Guidance for the Fiscal Year 2013; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2013