Intrance Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019
November 07, 2018 at 05:40 pm EST
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Intrance Co., Ltd. reported consolidated earnings results for the six months ended September 30, 2018. For the period, the company reported net sales of JPY 2,461 million compared to JPY 1,673 million a year ago. Operating income was JPY 522 million compared to JPY 132 million a year ago. Ordinary income was JPY 526 million compared to JPY 112 million a year ago. Net income attributable to owners of parent was JPY 275 million or JPY 7.42 per share compared to JPY 74 million or JPY 2.01 per share a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2019. For the year, the company expects net sales of JPY 2,750 million, operating income of JPY 390 million, ordinary income of JPY 330 million, and net income attributable to owners of parent of JPY 120 million or JPY 3.24 per share.
INTRANCE CO., LTD. is a company principally engaged in real estate regeneration activities. The Company operates in two business segments. The Principal Investment business is engaged in purchase and sales of real estate by own account, and various development projects by JV. The Company operates real estate rehabilitation projects targeting a wide range of second-hand properties such as commercial buildings, office buildings and residences throughout the country. The Solution segment is engaged in rent revenue from real estate management, managed revenue by acquisition of real estate, commission income by real estate brokerage and consulting business. The other business is engaged in the operation and plan of the herb garden through subsidiary.
Intrance Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2018; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2019
INTRANCE CO.,LTD. 
