Akatsuki Corp. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020
November 13, 2019
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Akatsuki Corp. reported consolidated earnings results for the six months ended September 30, 2019. For the quarter, the company reported operating Revenue was JPY 15,985 million against JPY 15,270 million a year ago. Net operating revenues were JPY 4,737 million against JPY 4,633 million a year ago. Operating income was JPY 604 million against JPY 351 million a year ago. Ordinary income was JPY 320 million against JPY 184 million a year ago. Net income attributable to owners of parent was JPY 216 million against JPY 139 million a year ago. Diluted net income per share was JPY 7.03 against JPY 5.73 a year ago. Net income per share was JPY 7.16 against JYP 6.18 a year ago.
For the full year ending March 31, 2020, on consolidated basis, the company expects net sales of JPY 36,000 million, operating income of JPY 2,200 million, ordinary income of JPY 1,700 million and net income attributable to owners of parent JPY 1,200 million.
Akatsuki Corp. is a holding company primarily engaged in securities business and real estate related business. The Company operates in two segments. The Securities segment is engaged in the buying and selling, agency and brokerage, underwriting, issuing, and subscription of securities. The Real Estate-related segment mainly manages assets related to buying and selling real estate, leasing, and investing in real estate related financial products. The segment includes used real estate revitalization and renovation, asset management for the elderly housing business, investment advisory services centered on real estate transactions, investment management, and trunk room operations.
Akatsuki Corp. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2020