Kenedix Announces Consolidated Financial Results for the First Quarter 2006.Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, May 9, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Kenedix, a Tokyo-based provider of a broad range of real estate and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , has announced financial results for the first quarter of 2006 (January January: see month. 1, 2006 to March 31, 2006). Revenue rose 168.3% year-on-year to JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 6.683 billion, while Operating Income Operating Income The profit realized from a business' own operations. Notes: This would not include income from things such as investments in other firms. Also referred to as operating profit or recurring profit. increased 231% year-on-year to JPY 5.222 billion. Ordinary income before taxes went up 269.9% to JPY 4.866 billion, and net income after taxes rose 250.0% to JPY 2.719 billion.
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(millions of yen)
First First
Quarter Ended Change Quarter Ended Change
March 31, 2006 % March 31, 2005 %
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Operating Results
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Revenue 6,683 168.3 2,491 131.7
Operating Income 5,222 231.0 1,577 155.0
Ordinary Income 4,866 269.9 1,315 132.5
Net Income 2,719 250.0 777 131.3
EPS (basic)(yen) 9,633.45 3,283.56
EPS (diluted)(yen) 9,550.30 3,258.22
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Financial Position
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Total Assets 139,841 56,448
Total Sh'holders Equity 30,869 9,945
Sh'holders Equity Ratio 22.1% 17.6%
Shareholders EPS (yen) 109,306.05 41,978.68
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Cash Flows
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Net Cash from
Operating Activities (25,310) (6,188)
Net Cash from
Investing Activities (2,040) (765)
Net Cash from
Financing Activities 29,945 14,858
Cash and Cash Equivalents
at End of Period 21,783 12,270
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About Kenedix, Inc. Kenedix was founded in April 1995 as a subsidiary of Kennedy Wilson Wilson, city (1990 pop. 36,930), seat of Wilson co., E N.C., in a rich agricultural region; inc. 1849. It is a commercial and industrial center with a large tobacco market. Manufactures include textile goods (especially clothing), metal products, and processed foods. , Inc. (KWI KWI Kuwait, Kuwait - International (Airport Code) KWI Knowledge Worker Infrastructure KWI Konperensi Waligereja Indonesia KWI Kids with Issues (comedy troupe) ), initially introducing and promoting real estate auctions to Japanese Japanese (jăp'ənēz`), language of uncertain origin that is spoken by more than 125 million people, most of whom live in Japan. There are also many speakers of Japanese in the Ryukyu Islands, Korea, Taiwan, parts of the United States, and investors and financial institutions. Today, the Kenedix Group is an organization advanced in a broad range of real estate services and finance. The Group's overall goal is to maximize returns on investments, accomplished by leveraging the Group's comprehensive research skills and extensive knowledge of the real estate business to accurately analyze an·a·lyze v. 1. To examine methodically by separating into parts and studying their interrelations. 2. To separate a chemical substance into its constituent elements to determine their nature or proportions. 3. and evaluate trends in a constantly changing market. Kenedix is working to become one of Japan's most prominent real estate asset managers, while building a highly stable and profitable corporate group. For more information, please vivit www.kenedix.com. Source: JCN http://www.japancorp.net Contact: Kenedix, Inc. Taiji Yoshikawa Chief Financial Officer +81-3-3519-2530 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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