Tokyu Construction Co., Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for 2021
December 23, 2020 at 01:00 am EST
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Tokyu Construction Co., Ltd. provided earnings guidance for 2021. For the period, on consolidated basis, the company expects Net sales of JPY 230.0 billion. Operating income of 4.0 billion. Profit attributable to owners of parent of JPY 3 billion.
For the period, on non-consolidated basis, the company expects Net sales of JPY 214.0 billion. Operating income of JPY 3 billion.
Tokyu Construction Co Ltd is a Japan-based company mainly engaged in the construction business. The Company operates through three business segments. The Construction (building) segment is engaged in the construction of offices, commercial facilities, educational facilities, cultural and social facilities, sports facilities, government office buildings, research institutes, training facilities, housing, medical and welfare facilities, logistics facilities. The Construction (civil engineering) segment is engaged in the construction of railways, dams, environmental sanitation facilities and roads. The Real Estate segment is engaged in the sales and leasing of real estate properties. It also engages in sales of vegetables, and rehabilitation work through its subsidiaries. It is also engaged in the development of artificial intelligence/Internet of Things (AI/IoT) platform that protects and manages photovoltaic power generation panels.