Aoyama Zaisan Networks Company, Limited Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Dividend Guidance for the Second Quarter Ending June 30, 2018 and Year Ending December 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2018 and Year Ending December 31, 2018
May 09, 2018
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Aoyama Zaisan Networks Company, Limited announced consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported net sales of ¥4,347 million against ¥2,947 million a year ago. Operating profit was ¥202 million against ¥382 million a year ago. Ordinary profit was ¥146 million against ¥338 million a year ago. Profit attributable to owners of parent was ¥119 million or ¥10.30 per diluted share against ¥259 million or ¥21.81 per diluted share a year ago. Profit before income taxes was ¥146.522 million against ¥335.321 million a year ago.
The company provided dividend guidance for the second quarter ending June 30, 2018 and year ending December 31, 2018. For the quarter, the company expects to pay dividend of ¥14.00 per share against ¥11.00 per share.
For the full year, the company expects to pay year-end dividend of ¥21.00 per share and total dividend of ¥35.00 per share against ¥19.00 and total dividend of ¥30.00 per share.
The company provided consolidated earnings guidance for the six months ending June 30, 2018 and year ending December 31, 2018. For the six months, the company expects net sales of ¥8,600 million, operating profit of ¥590 million, ordinary profit of ¥560 million, profit attributable to owners of parent of ¥450 million or ¥39.43 per share.
For the year ending December 31, 2018, the company expects net sales of ¥17,500 million, operating profit of ¥1,210 million, ordinary profit of ¥1,100 million, profit attributable to owners of parent of ¥880 million or ¥77.10 per share.
Aoyama Zaisan Networks Company, Limited is a Japan-based company mainly engaged in property consulting services for asset owners and corporations. The Company earns remuneration through providing consulting services for assets succession, operation, and management. There are four types of revenue. Property consulting revenues are from property and financial consulting services that provide support from consultation to execution of property succession, operation and management. Real estate transaction revenues are from sales of individual real estate properties and sales of the Real Estate Co-ownership System which meet customer asset management needs. Sublease income is earned by renting and operating rental properties owned by asset owners. Other revenues are from network dues, seminars, and property consulting related books publication.
Aoyama Zaisan Networks Company, Limited Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2018; Provides Dividend Guidance for the Second Quarter Ending June 30, 2018 and Year Ending December 31, 2018; Provides Consolidated Earnings Guidance for the Six Months Ending June 30, 2018 and Year Ending December 31, 2018