Hoosiers Holdings Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Full Year Ended March 31, 2016
November 08, 2015
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Hoosiers Holdings reported consolidated earnings results for the six months ended September 30, 2015. For the period, the company reported net sales of ¥17,405 million compared to ¥12,262 million a year ago. Operating income was ¥1,667 million compared to ¥1,192 million a year ago. Ordinary income was ¥1,503 million compared to ¥1,009 million a year ago. Profit attributable to the owners of the parent was ¥1,001 million compared to ¥929 million a year ago. Diluted EPS was ¥32.94 compared to ¥29.45 a year ago. Income before income taxes and minority interests was ¥1,503,177,000 compared to ¥1,009,106,000 a year ago. Net cash used in operating activities was ¥1,965,550,000 compared to ¥3,991,029,000 a year ago. Purchase of property, plant and equipment was ¥815,180,000 compared to ¥397,330,000 a year ago.
For the full year ended March 31, 2016, the company on consolidated basis expects, net sales of ¥38,000 million, operating income of ¥4,400 million, profit attributable to the owners of the parent of ¥2,600 million and earnings per share of ¥86.21.
Hoosiers Holdings is a Japan-based holding company. The Company operates in five business segments. The Real Estate Sales segment is engaged in the subdivision and sale of apartments for families, urban redevelopment projects and planning and sales of compact condominium business. The Detached / Apartment segment plans and sells detached houses mainly in the Tokyo metropolitan area, and is also working on apartment development projects utilizing detached lands. The Real Estate Investment segment is engaged in holding and trading real estate for profit, classification resale business based on real estate leasing management project. The Real Estate related Business segment provides management service for condominiums. In the Other segment, it plans and manages the PFI project.
Hoosiers Holdings Reports Consolidated Earnings Results for the Six Months Ended September 30, 2015; Provides Consolidated Earnings Guidance for the Full Year Ended March 31, 2016