Lead-Real Estate Co. Ltd. Reports Decrease in Real Estate Sales to ¥4.81 Billion, Swings to Net Income of ¥121.9 Million from Loss

Reuters
01 Jul
Lead-Real Estate Co. Ltd. Reports Decrease in Real Estate Sales to ¥4.81 Billion, Swings to Net Income of ¥121.9 Million from Loss

Lead-Real Estate Co. Ltd. has released its financial results for the six months ended December 31, 2024. The company reported a total revenue of ¥5.03 billion, a decrease from the ¥6.64 billion recorded in the same period in 2023. This decline in revenue was primarily due to a reduction in real estate sales, which fell from ¥6.44 billion in 2023 to ¥4.81 billion in 2024. The company reported an operating loss of ¥594.35 million for the six-month period ending December 31, 2024, compared to a smaller operating loss of ¥68.04 million in the previous year. Additionally, the income before income taxes showed a significant negative shift, amounting to a loss of ¥626.29 million, down from a positive income of ¥121.92 million in the same period last year. The report did not include any specific outlook or guidance for future periods.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lead-Real Estate Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-064108), on June 30, 2025, and is solely responsible for the information contained therein.

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