Ki-Star Real Estate Co. Ltd Announces Consolidated and Non-Consolidated Financial Results for the Year Ended March 31, 2019; Provides Consolidated and Non-Consolidated earnings guidance for the year ending March 31, 2020
May 10, 2019 at 02:00 am
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Ki-Star Real Estate Co. Ltd. announced consolidated and non-consolidated financial results for the year ended March 31, 2019. For the period, on consolidated the company reported net sales of JPY 103,118 million against JPY 64,107 million for the same period a year ago. Operating income was JPY 5,951 million against JPY 5,298 million for the same period a year ago. Ordinary income was JPY 5,770 million against JPY 5,283 million for the same period a year ago. Profit attributable to owners was JPY 3,461 million against JPY 3,393 million for the same period a year ago. Net income per share was JPY 243.88 per share against JPY 238.87 per share for the same period a year ago.
For the fiscal year ending March 31, 2020, on consolidated basis the company expects net sales to be JPY 118,000 million. Operating profit is expected to be JPY 6,400 million. Ordinary profit is expected to be JPY 6,100 million. Profit attributable to owners of parent is expected to be JPY 3,800 million. Net income per share is expected to be JPY 267.77 per share.
For the period, non-consolidated basis the company reported net sales of JPY 74,048 million against JPY 53,910 million for the same period a year ago. Operating income was JPY 4,226 million against JPY 4,849 million for the same period a year ago. Ordinary income was JPY 4,257 million against JPY 4,923 million for the same period a year ago. Profit attributable to owners was JPY 2,954 million against JPY 3,404 million for the same period a year ago. Net income per share was JPY 208.20 per share against JPY 239.62 per share for the same period a year ago.
For the fiscal year ending March 31, 2020, on non-consolidated basis the company expects net sales to be JPY 76,300 million. Operating profit is expected to be JPY 4,460 million. Ordinary profit is expected to be JPY 3,100 million. Net income per share is expected to be JPY 218.44 per share.
KI-STAR REAL ESTATE CO.,LTD is a Japan-based company principally engaged in real estate business. The Company mainly operates in seven segments. The Land and Housing segment provides services such as sale of condominiums and additional construction related to condominiums. The Custom-built Housing segment provides services such as sale of custom homes and additional construction related to custom homes. The Used Housing segment is engaged in the sale of used houses. The Yoka Town segment is engaged in the sale of condominiums, custom houses and land in Fukuoka. The Asahi Housing segment is engaged in the sale of condominiums and land in Kanagawa. The Fresco segment is engaged the sale of condominiums and custom homes and land in Chiba. The Construction and Renovation segment is engaged in sale of condominiums, custom-built houses and land, and civil engineering construction in Kanagawa. The Company is also engaged in real estate leasing and real estate brokerage business.
Ki-Star Real Estate Co. Ltd Announces Consolidated and Non-Consolidated Financial Results for the Year Ended March 31, 2019; Provides Consolidated and Non-Consolidated earnings guidance for the year ending March 31, 2020