Arealink Co., Ltd. Reports Non-Consolidated Earnings Results for the Year Ended December 31, 2016; Provides Earnings Guidance for the Six Months of 2017 and Full Year Ending December 31, 2017; Provides Dividend Guidance for the Year Ending December 31, 2017; Declare Dividend for the Year Ended December 31, 2016, Payable on March 31, 2017
February 13, 2017
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Arealink Co., Ltd. reported non-consolidated earnings results for the year ended December 31, 2016. For the period, the company reported operating revenues of ¥16,908 million against ¥17,173 million a year ago. Operating income was ¥1,935 million against ¥2,657 million a year ago. Ordinary income was ¥1,968 million against ¥2,442 million a year ago. Net income was ¥1,142 million or ¥93.06 per share against ¥1,550 million or ¥126.32 per share a year ago. ROE was 7.6% against 11.0% a year ago. Operating activities cash out flow was ¥708 million against operating activities cash flow of ¥3,941 million a year ago.
For the six months of 2017, the company expects non-consolidated operating revenues of ¥9,127 million, operating income of ¥977 million, ordinary income of ¥958 million and net income of ¥606 million or ¥49.45 per share.
For the year ending December 31, 2017, the company expects non-consolidated operating revenues of ¥19,447 million, operating income of ¥2,254 million, ordinary income of ¥2,220 million and net income of ¥1,353 million or ¥110.31 per share.
For the year ending December 31, 2017, the company expects to pay dividend of ¥40.00 per share.
The company declared dividend of ¥39.00 per share for the year ended December 31, 2016. Dividend payment commencement date (planned) is on March 31, 2017.
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 Year Ended December 31, 2016; Provides Earnings Guidance for the Six Months of 2017 and Full Year Ending December 31, 2017; Provides Dividend Guidance for the Year Ending December 31, 2017; Declare Dividend for the Year Ended December 31, 2016, Payable on March 31, 2017
AREALINK CO., LTD. 