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TOKYU REIT Inc Raises Outlook and Distribution per Unit for 21st Fiscal Period Ending January 31, 2014; Issues Outlook and Distribution per Unit for 22nd Fiscal Period Ending July 31, 2014


Friday, 26 Jul 2013 02:45am EDT 

TOKYU REIT Inc announced that it has raised its outlook for revenue from JPY 6,404 million to JPY 7,247 million, operating profit from JPY 2,824 million to JPY 3,250 million, ordinary profit from JPY 2,067 million to JPY 2,425 million, net profit from JPY 2,066 million to JPY 2,424 million, and distribution per unit from JPY 12,200 to JPY 12,400, for the 21st fiscal period ending January 31, 2014. The Company also has issued its outlook for revenue of JPY 7,274 million, operating profit of JPY 3,228 million, ordinary profit of JPY 2,445 million, net profit of JPY 2,444 million, and distribution per unit of JPY 12,500, for the 22nd fiscal period ending July 31, 2014. The Company raised its outlook mainly due to the acquisition of properties and issuance of units. 

Company Quote

157700.0
5200.0 +3.41%
1:00am EST