Iida Group Holdings Co., Ltd. Reports Consolidated Earnings Results for the Year Ended March 31, 2021
May 13, 2021
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Iida Group Holdings Co., Ltd. reported consolidated earnings results for the year ended March 31, 2021. For the period, the company reported revenue of JPY 1,456,199 million compared to JPY 1,402,019 million a year ago. Operating profit was JPY 121,263 million compared to JPY 83,513 million a year ago. Net Profit was JPY 83,770 million compared to JPY 54,103 million a year ago. Basic earnings per share was JPY 288.91 compared to JPY 186.39 a year ago.
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.