Sansei Landic Company Limited Announces Consolidated Earnings Results for the Six Months Ended June 30, 2016; Provides Earnings Guidance for the Financial Year Ending December 31, 2016
August 09, 2016
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Sansei Landic Company Limited announced consolidated earnings results for the six months ended June 30, 2016. For the quarter the company announced net sales of JPY 5,935 million compared to JPY 4,289 million a year ago. Operating income was JPY 527 million compared to JPY 394 million a year ago. Ordinary income was JPY 443 million compared to JPY 348 million a year ago. Net income attributable to owners of parent was JPY 243 million compared to JPY 211 million a year ago. Net income per share was JPY 30.04 compared to JPY 26.46 a year ago. Diluted net income per share was JPY 29.72 compared to JPY 26.02 a year ago.
For the financial year ending December 31, 2016, the company expects net sales of JPY 14,670 million, operating income of JPY 1,401 million, ordinary income of JPY 1,291 million, net income attributable to owners of parent of JPY 848 million and net income per share of JPY 104.60.
Sansei Landic Co.,Ltd is a company engaged in sales of limited proprietary right of land based on former Land Lease Law and house Lease Law, and other real estate sales business, as well as construction of single-family homes and other construction business. The Company operates in two business segments. The Real Estate Sales segment is engaged in the real estate related businesses. Through its subsidiary, the Construction segment is engaged in the planning, design, construction and management of designers' detached houses and house renovation works.
Sansei Landic Company Limited Announces Consolidated Earnings Results for the Six Months Ended June 30, 2016; Provides Earnings Guidance for the Financial Year Ending December 31, 2016