Iida Group Holdings Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal Ending March 31, 2023
May 13, 2022 at 03:00 am EDT
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Iida Group Holdings Co., Ltd. provided consolidated earnings guidance for the six months and full year of fiscal ending March 31, 2023. For the six months, company expects revenue to be JPY 740,000 million, operating profit to be JPY 68,000 million, net profit to be JPY 45,000 million, Profit attributable to owners of the parent to be JPY 45,000 million and Basic earnings per share JPY 156.04.
For the year, company expects revenue to be JPY 1,550,000 million, operating profit to be JPY 140,000 million, net profit to be JPY 95,000 million, Profit attributable to owners of the parent to be JPY 95,000 million and Basic earnings per share JPY329.43.
Iida Group Holdings Co., Ltd. is a holding company, which is principally engaged in the operation of real estate business. Through the subsidiaries, the Company is engaged in the detached house sale business, including the purchase of commercial lands, reclamation, planning, design, construction and sale, the provision of after-sale services, and land subdivision operation; the condominium sale business, including the operative construction and distribution of condominiums, and the contracted works, including the undertaken of real estate construction works. The Company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others. On May 22, 2014, it acquired 94.54% interests in a Japan-based company.
IIDA GROUP HOLDINGS CO., LTD. 
