E'grand Co.,Ltd Provides Earnings Guidance for the Six Months Ending September 30, 2021 and Fiscal Year Ending March 2022
May 10, 2021 at 11:59 am EDT
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e'grand Co.,Ltd provided earnings guidance for the six months ending September 30, 2021 and fiscal year ending March 2022. For the six months the company expected net sales to be JPY 10,900 million, operating income to be JPY 765 million, net income to be JPY 460 million and net income per share to be JPY 72.87.
For the year ending March 2022 the company expected net sales to be JPY 23,000 million, operating income to be JPY 1,640 million, net income to be JPY 990 million and net income per share to be JPY 156.84.
e'grand Co Ltd is a Japan-based company primarily engaged in used housing restoration business including used condominiums and detached houses. The used housing restoration business purchases used houses from real estate auction markets and general used housing distribution markets and recovers the function of the houses through renovation, then sells its properties to primary target customers, including young families and first-time housing buyers. It mainly provides residential properties in Tokyo and Kansai area. The other business is engaged in the real estate leasing, remodeling contracting business and other real estate-related businesses.
E'GRAND CO.,LTD 
