Japan Prime Realty Investment Corp. forecasts lower earnings for the second half of 2017, compared to the six months ended June 30.
Net income is expected to drop 3% to ¥6.66 billion, while operating income is projected to dip 2.2% to ¥7.58 billion. Operating revenue is expected to fall 0.3% to ¥15.07 billion.
Distribution per unit for the period is estimated at ¥7,220.
As of Aug. 11, US$1 was equivalent to ¥109.06.