Japanese real estate company Aeon Mall Co. Ltd. offered earnings forecast for the fiscal year ending Feb. 28, 2019.

For the full year, operating revenue is expected to climb 11.1% year over year to ¥320.00 billion and operating income is projected to amount to ¥53.50 billion, 8.7% more than the prior year.

Ordinary income and net income attributable to owners of parent are estimated to rise 4.0% and 4.8% on an annual basis to ¥51.00 billion and ¥32.00 billion, respectively. Net income per share for the 12 months will be ¥140.70.

During an interim period, operating revenue is signaled to increase 11.3% from the previous year period to ¥157.00 billion and operating income is anticipated to rise 8.5% to ¥24.50 billion.

The company forecasts its ordinary income and net income attributable to owners of parent during the interim period to come in at ¥23.00 billion and ¥14.00 billion, respectively, up 4.7% and 9.7% year over year. Net income per share for the duration is projected to be ¥61.55.

Aeon Mall intends to pay a total dividend of ¥38.00 per share in the fiscal year, higher than the ¥35.00 per share paid in the prior year.

As of July 4, US$1 was equivalent to ¥110.54.