Fukuoka REIT Corp. laid out guidance for the fiscal six-month periods ending Feb. 28, 2019, and Aug. 31, 2019.
For the six-month period ending Feb. 28, 2019, the company expects a dividend per unit of ¥3,600. Profit is expected to be roughly ¥2.87 billion. Ordinary income and operating income are expected at roughly ¥2.87 billion and ¥3.23 billion, respectively. Operating revenues are expected to be ¥9.12 billion.
For the six-month period ending Aug. 31, 2019, the diversified real estate investment trust expects the dividend to be ¥3,550 per unit. Profit is expected to be roughly ¥2.83 billion. The REIT expects to log ordinary income and operating income of roughly ¥2.83 billion and ¥3.20 billion, respectively, for the period. Operating revenues are expected to be ¥9.16 billion.
As of Oct. 15, US$1 was equivalent to ¥111.89.