Star Mica Holdings Co., Ltd. Provides Earnings Guidance for the Fiscal Year 2022
January 17, 2022 at 02:00 am
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Star Mica Holdings Co., Ltd. provided earnings guidance for the fiscal year 2022. The company expects a sale of JPY 46.27 billion and about 1,400 units in the ongoing period of fiscal year 2022, compared to JPY 36.89 billion in sales in the finished period of fiscal year 2021. Gross profit is expected to increase by 15.1% to JPY 8.57 billion from JPY 7.45 billion, and operating income is expected to increase by 11.6% to JPY 4.78 billion.
Star Mica Holdings Co., Ltd. is a Japan-based company mainly engaged in renovation apartment business, investment business and advisory business. The renovation apartment business is engaged in purchase of family type apartments mainly from the metropolitan area and lease to tenants as portfolio. After the tenants leave, the Company will renovate to increase asset value, and then sold as residences to end users through house agents. The investment business conducts investments activities including leasing and sale of real estate mainly in the metropolitan area and investment development business centering on securities. The advisory business is engaged in real estate brokerage, rental brokerage, rental management, building management, operation of monthly apartments, etc. and fee operation of renovation apartment business and investment business.
STAR MICA HOLDINGS CO., LTD. 
