JINUSHI Co.,Ltd. Provides Earnings Guidance for the Year Ending December 31, 2022
December 05, 2022 at 12:30 am EST
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JINUSHI Co.,Ltd. provided earnings guidance for the year ending December 31, 2022. For the period, the company expects a dividend of ¥49,500 million, an Operating profit of ¥6,000 million and a Profit attributable to owners of the parent of ¥3,400 million or ¥185.94 per share.
Jinushi Co Ltd is primarily engaged in real estate business. The Company operates in four business segments. The Real Estate Investment segment sells the real estate investments developed by the Company to funds, investors and others. It acquires lands, leases to tenants, and then sells to companies, individuals, private funds and real estate investment trusts as investment products that can bring stable profits. The Sublease, Lease and Fund Fees segment is engaged in sublease business, which rents lands from owners and then subleases to tenants, lease business, which leases properties owned by the Company to generate stable rental incomes, and fund fees business, which provides real estate management and others. The Planning and Brokerage segment provides consulting and real estate brokerage. The Others segment engages in overseas private finance initiative (PFI) business, management of golf courses and other entertainment business.