Arealink Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Provides Earnings Guidance for the Six Months of 2016; Provides Earnings Guidance for the Full Year Ending December 31, 2016
April 27, 2016
Share
Arealink Co.,Ltd. reported consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, operating Revenue was JPY 4,331 million against JPY 4,963 million a year ago. Operating income was JPY 634 million against JPY 765 million a year ago. Ordinary income was JPY 663 million against JPY 767 million a year ago. Net income was JPY 420 million against JPY 548 million a year ago. Net income per share was JPY 3.42 against JPY 4.47 a year ago. Net income before income taxes was JPY 774,733 million against JPY 668,036 million a year ago.
For the six months of 2017, the company expects to report, net sales of JPY 8,707 million, operating income of JPY 976 million, ordinary income of JPY 962 million and net income of JPY 634 million or basic earnings per share of JPY 5.17 million.
For the full year ending December 31, 2016, the company expects to report, net sales of JPY 16,806 million, operating income of JPY 1,675 million, ordinary income of JPY 1,650 million and net income of JPY 1,091 million or basic earnings per share of JPY 88.92 million.
Arealink Co., Ltd. is mainly engaged in the provision leasing services of storage space. The Company operates in two business segments. The Real Estate Operation Service segment is involved in the provision of storage space, the setting of containers, the parking lot business, the lease, maintenance and management of secondhand real estate including offices, stores, dwelling houses and hotels, the provision of small offices, among other businesses. The Real Estate Revitalization and Liquidation Service segment adds value to its purchased real estate properties by conducting renovation works to the buildings, and sells the properties to investors.
Arealink Co.,Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Provides Earnings Guidance for the Six Months of 2016; Provides Earnings Guidance for the Full Year Ending December 31, 2016