Iida Group Holdings Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2020
May 14, 2019 at 03:45 am EDT
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Iida Group Holdings Co., Ltd. announced consolidated earnings results for the year ended March 31, 2019. For the year, the company reported revenue of JPY 1,344,987 million compared with JPY 1,335,386 million a year ago. Operating profit was JPY 97,111 million compared with JPY 103,755 million a year ago. Net profit was JPY 65,478 million compared with JPY 69,631 million a year ago. Basic earnings per share were JPY 227.02 compared with JPY 241.15 a year ago.
For the first half of fiscal year ending March 31, 2020, the consolidated company expects revenue of JPY 632,600 million, operating profit of JPY 45,500 million, net profit of JPY 30,000 million or JPY 104.03 per basic share.
For the full year ending March 31, 2020, the consolidated company expects net sales of JPY 1,370,000 million, operating profit of JPY 98,500 million, net profit of JPY 65,500 million or JPY 227.13 per basic share.
Iida Group Holdings Co.,Ltd. is a Japan-based company engaged in the detached houses sale business, the condominiums sale business, the contract construction business and related business. The Company has six business segments. The Hajime Construction Group segment and the Arnest One segment are engaged in the detached houses sale business, the condominiums sale business and the contract construction business. The Iida Industry Group segment is engaged in the detached houses sale business, the condominiums sale business, the contract construction business, the real estate leasing business and the spa hot springs business. The Toei Housing Group segment and the Tact Home Group segment are engaged in the detached houses sale business, the contract construction business and the real estate leasing business. The ID Home segment is engaged in the detached houses sale business and the contract construction business. The Company is also engaged in the sale and processing of wood products.
Iida Group Holdings Co., Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2019; Provides Consolidated Earnings Guidance for the First Half and Full Year of Fiscal Year Ending March 31, 2020