Apaman Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2019
July 29, 2019
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Apaman Co., Ltd. announced consolidated earnings results for the nine months ended June 30, 2019. For the quarter, the company reported net sales of JPY 35,483 million against JPY 30,556 million a year ago. Operating profit was JPY 1,913 million against JPY 1,326 million a year ago. Profit attributable to owners of parent was JPY 67 million against loss of JPY 498 million a year ago. Profit per share basic was JPY 3.80 against loss of JPY 28 a year ago.
The company provided consolidated earnings guidance for the fiscal year ending September 30, 2019. For the year, the company expects net sales of JPY 45,000 million, operating profit of JPY 2,000 million, loss attributable to owners of parent of JPY 100 million and loss per share-basic of JPY 5.62.
Apaman Co., Ltd., formerly Apamanshop Holdings Co.,Ltd., is mainly engaged in agency business, property management business and principal investment and fund business based on the real estate information network. The Company operates though three business segments. The Agency segment is engaged in the leasing agency business through operation of direct stores, as well as the leasing agency franchise (FC) business through FC stores. The Property Management segment is engaged in leasing management and property subleasing. The Principal Investment and Fund segment is engaged in the real estate investment business for rent and the value-up business to resell real estate. The Others segment is engaged in parking business, co-working business, small office home office (SOHO) and capital management business.
Apaman Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2019