Daito Trust Construction Co. Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018
April 27, 2017
Share
Daito Trust Construction Co. Ltd. announced consolidated earnings results for the year ended March 31, 2017. For the year, the company reported net sales of JPY 1,497,104 million against JPY 1,411,643 million a year ago. Operating income was JPY 120,162 million against JPY 101,001 million a year ago. Ordinary income was JPY 124,509 million against JPY 105,558 million a year ago. Net income was JPY 82,168 million against JPY 67,279 million a year ago. Cash flows from operating activities were JPY 124,097 million against JPY 78,822 a year ago. BPS was JPY 3,630.59 against JPY 3,243.97 a year ago.
For the year ending March 31, 2018, the company expects net sales of JPY 1,585,000 million, operating income of JPY 124,000 million, ordinary income of JPY 128,000 million and net income of JPY 86,000 million.
Daito Trust Construction Co Ltd is a Japan-based company mainly engaged in real estate-related business. The Company operates through three business segments. The Construction segment is engaged in the planning, design and construction of contracted works. The Real Estate segment is engaged in the brokerage, management and leasing of real estates, the provision of real estate information and guarantor contract business. The Financial segment is involved in the construction loan business, trust business, consulting business related to asset succession and asset management, and fire reinsurance business. It is also engaged in the sale of fuel (LP gas), operation of day service centers and childcare facilities, provision of home-visit nursing care services, sale and supply of electricity, operation of overseas hotel businesses, and the ship and print of documents.
Daito Trust Construction Co. Ltd. Announces Consolidated Earnings Results for the Year Ended March 31, 2017; Provides Earnings Guidance for the Year Ending March 31, 2018