FJ Next Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020
February 03, 2020 at 02:00 am
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FJ Next Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2019. For the period, the company reported net sales of JPY 56,370 million against JPY 52,078 million a year ago. Operating income was JPY 5,757 million against JPY 5,176 million a year ago. Net income attributable to shareholders of parental company was JPY 3,838 million or JPY 117.44 per share against JPY 3,410 million or JPY 104.34 per share a year ago.
For the fiscal year ending March 31, 2020, the company expects net sales of JPY 90,000 million, operating income of JPY 11,000 million and net income attributable to shareholders of parental company of JPY 7,000 million or JPY 214.16 per share.
FJ Next Holdings Co Ltd, formerly FJ Next Co Ltd, is mainly engaged in the real estate sales business in the metropolitan areas. The Company has four business segments. The Real Estate Development segment mainly develops, sells, brokers and of one-room mansions and family condominiums in the Tokyo metropolitan area, and also engages in the real estate business in the Izu area. This segment also provides financial services. The Real Estate Management segment mainly undertakes rental management from condominium division owners and building management contracts from management associations. The Construction segment mainly designs, constructs, inspects, and renovates buildings such as condominiums. The Hotel segment operates hot spring hotels in Shizuoka Prefecture.
FJ Next Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2019; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2020