Seibu Holdings Inc. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Fiscal Year Ending March 31, 2022
August 02, 2021 at 02:00 am EDT
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Seibu Holdings Inc. provided consolidated earnings guidance for the six months ending September 30, 2021 and fiscal year ending March 31, 2022. For the six months, the company expected operating revenue of JPY 220,000 million, operating profit of JPY 35,000 million, loss attributable to owners of parent of JPY 8,000 million and basic loss per share of JPY 26.68.
For the full year, the company expected operating revenue of JPY 456,000 million, operating profit of JPY 9,000 million, loss attributable to owners of parent of JPY 5,000 million and basic loss per share of JPY 16.67.
Seibu Holdings, Inc. is a Japan-based holding company which operates in six business segments. Urban Transportation and Regional segment provides passenger transport through trains, buses, and taxis along Seibu rail lines in the Tokyo-Saitama area. Hotel and Leisure segment consists of a varied assortment of facilities in a wide range of fields including hotels, golf courses, ski resorts, and leisure facilities. Real Estate segment is engaged in the development of hotel space, development and operation of stores in train stations, and subdivision of housing, among others. Construction segment is engaged in all types of construction in areas including railway lines, social infrastructure, hotel remodeling, private sector construction, and housing. Hawaii Business segment operates hotels in Hawaii. Other Businesses segment consists of passenger transport in Izuhakone and Ohmi, and the operation of Seibu Lions baseball team. The Company has 53 subsidiaries and one associated company.