Sekisui House, Ltd. (OTC:SKHSY) will release the third quarter earnings for 2009 on Thursday, December 3. The financial results will be posted on the company’s website, at www.sekisuihouse.co.jp/english/financial/index.html. No conference call has been scheduled to review the financial results.
The financial results of the second quarter earnings for 2009 reported net sales at 668,012 million yen for the period ending July 31, 2009. The amount was down from the 783,447 million yen earned during the same period of the previous year. The net income was also reported to have decreased to 2,373 million yen, compared to the 28,006 million yen earned during the previous year.
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Sekisui House, Ltd. is a Japan-based company mainly engaged in the house building business. The Company operates in four business segments. The Industrialized House Construction segment is engaged in the design, construction and contract work of steel frame, wood and concrete houses and apartments. The Real Estate Sales segment is engaged in the sale of land and houses, the design and construction of houses built on the sold land, purchase and sale of commercial buildings, as well as the urban renewal business. The Real Estate Leasing segment is engaged in the leasing and management of detached houses, apartment buildings, condominiums, commercial buildings and shops. The Others segment is involved in the design, construction and contract work of condominiums, commercial buildings and outdoor facilities, the remodeling of houses, as well as the landscaping business. The Company has 69 subsidiaries and seven associated companies.
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