Updated
Updated · MarketWatch · May 11
Sun Frontier Fudousan FY net profit rises to Y15.99 billion
Updated
Updated · MarketWatch · May 11

Sun Frontier Fudousan FY net profit rises to Y15.99 billion

5 articles · Updated · MarketWatch · May 11
  • For the year ended 31 March, revenue increased to Y116.08 billion from Y103.17 billion, while operating profit climbed to Y25.36 billion from Y21.28 billion.
  • Pretax profit rose to Y23.30 billion from Y20.45 billion, and earnings per share increased to Y327.76 from Y291.58.
  • Diluted earnings per share were Y290.63 versus Y257.26 a year earlier, with results prepared under Japanese accounting standards.
Japan altered accounting rules to mask financial stress. How might this hidden risk impact its booming real estate market?
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With Tokyo property prices at record highs, what underlying risks could threaten this seemingly unstoppable real estate boom?