Iida Group Holdings Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Consolidated Guidance for the Fiscal Year Ending March 31, 2019; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2019
February 12, 2019 at 02:00 am EST
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Iida Group Holdings Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported revenue of JPY 947,600 million against JPY 945,610 million a year ago. Operating profit was JPY 72,095 million against JPY 78,141 million a year ago. Net profit was JPY 48,005 million against JPY 51,470 million a year ago. Basic earnings per share was JPY 166.46 against JPY 178.17 a year ago.
For the fiscal year ending March 31, 2019, the company expects consolidated revenue of JPY 1,496,700 million, operating profit of JPY 132,700 million, net profit of JPY 88,700 million and basic earnings per share of JPY 307.58.
For the year fiscal ending March 31, 2019, the company expects to pay dividend of JPY 31.00 per share against JPY 30.00 per share paid a year ago.
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. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Earnings Consolidated Guidance for the Fiscal Year Ending March 31, 2019; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2019