Keikyu Corporation Revises Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024
March 22, 2024 at 02:00 am EDT
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Keikyu Corporation revised consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, on consolidated basis, the company expects revised revenue from operations of JPY 282,500 million, operating profit of JPY 28,000 million, profit attributable to owners of parent of JPY 84,000 million and net income per share of JPY 305.46 compared to previously expected revenue from operations of JPY 282,500 million, operating profit of JPY 28,000 million, profit attributable to owners of parent of JPY 22,000 million and net income per share of JPY 79.92.
For the year, on non-consolidated basis, the company expects revised revenue from operations of JPY 115,900 million, operating profit of JPY 15,300 million, net income of JPY 76,000 million and net income per share of JPY 276.14 compared to previously expected revenue from operations of JPY 131,900 million, operating profit of JPY 14,000 million, net income of JPY 11,500 million and net income per share of JPY 41.77.
Keikyu Corporation is a company primarily engaged in transportation business. The Company has four business segments. Transportation segment is engaged in the management and operation of railway stations, bus business, as well as the taxi business. Real Estate segment leases and sells real estate. Leisure and Service segment is engaged in the operation of hotels, restaurants, leisure facilities, golf courses, aquariums and amusement parks, travel business, as well as the provision of advertisement agency services. Distribution segment is engaged in the operation of department stores and shopping centers, as well as the sale of goods. The Company is also engaged in the construction, civil engineering, electrical facility business, the transportation equipment repairing, building management, information processing and driving school businesses.