Arealink Co. Ltd. Reports Non-Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2014; Provides Dividend Guidance for the Fiscal Year of 2014
April 27, 2014 at 07:12 am EDT
Share
Arealink Co. Ltd. reported non-consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net sales of JPY 4,858,234,000 compared to JPY 3,392,067,000 a year ago. Operating income was JPY 581,433,000 compared to JPY 354,140,000 a year ago. Ordinary income was JPY 550,743,000 compared to JPY 346,960,000 a year ago. Net income before income taxes was JPY 648,494,000 compared to JPY 342,953,000 a year ago. Net income was JPY 456,320,000 or JPY 3.72 per share compared to JPY 294,935,000 or JPY 2.40 per share a year ago.
The company provided earnings guidance for the fiscal year ending December 31, 2014. For the year, the company expects net sales of JPY 13,651 million, operating income of JPY 1,863 million, ordinary income of JPY 1,701 million, net income of JPY 1,500 million and net income per share of JPY 12.22.
The company provided dividend guidance for the fiscal year of 2014. The company expects dividend guidance of JPY 2.80 per share compared to JPY 2.50 per share a year ago.
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 Non-Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Provides Earnings Guidance for the Fiscal Year Ending December 31, 2014; Provides Dividend Guidance for the Fiscal Year of 2014
AREALINK CO., LTD. 
