Daiwa Office Investment Corp. disclosed its forecasts for its 25th and 26th fiscal periods.
For the 25th fiscal period, the six months ending May, operating revenue, operating expense, operation income, net income and dividend per unit are expected to hit about ¥13.37 billion, ¥6.78 billion, ¥6.59 billion, ¥5.86 billion and ¥11,000, respectively. The projections are all increases from the previous fiscal period, attributed to increased revenue from properties acquired and divested in the recent periods, among others.
Meanwhile, the 26th fiscal period, the six months ending in November, operating revenue, operating expense, operation income, net income and dividend per unit are expected to reach respective figures of ¥12.80 billion, about ¥6.50 billion, ¥6.31 billion, ¥5.68 billion and ¥11,400. Aside from the expected dividend, all other projected financial metrics are anticipated to be lower than the prior fiscal period.
As of Feb. 2, US$1 was equivalent to ¥110.39.
