Komori
Revision of earnings forecasts8804Tokyo Tatemono Co.,Ltd.Real Estate

Notice Concerning Finalization of Gains on Sales of Investment Securities (Extraordinary Income), Revision of Full-Year Earnings Forecast and Revision of Dividend Forecast

Following the finalization of a ¥25.9 billion gain on the sale of Hulic shares, the forecast for net income attributable to owners of the parent for the fiscal year ended December 2024 was raised from ¥48.5 billion to ¥62.0 billion. Accordingly, both the year-end dividend and annual dividend forecasts were increased by ¥10, while operating revenue, operating profit and ordinary profit, among other figures, remained unchanged.

Worth reading
69In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
13500
Millions of yen
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ended December 2024 · Full yearPrevious forecast published 8 August 2024
Net Sales465,000→465,000Millions of yen
0.0%
Operating profit77,500→77,500Millions of yen
0.0%
Ordinary income69,500→69,500Millions of yen
0.0%
Profit attributable to owners of the parent48,500→62,000Millions of yen
+27.8%
Net income per share232.25→296.9
+27.8%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

投資有価証券売却益(特別利益)の計上額が確定したことから業績予想を修正した。配当は、業績予想の上方修正に伴い、配当性向30%以上を基本とする方針に基づき修正した。

Previous-period resultsOperating revenue 375,946 Millions of yen / Operating profit 70,508 Millions of yen / Business profit 74,428 Millions of yen / Ordinary income 69,471 Millions of yen / Profit attributable to owners of the parent 45,084 Millions of yen / Net income per share ¥215.82
Dividend forecast revision期末配当を前回予想の1株当たり43円から53円へ10円増額し、年間配当予想を80円から90円へ10円増額。
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales465,000 Millions of yen → 465,000 Millions of yen
Operating profit77,500 Millions of yen → 77,500 Millions of yen
Ordinary income69,500 Millions of yen → 69,500 Millions of yen
Profit attributable to owners of the parent48,500 Millions of yen → 62,000 Millions of yen(27.8%)
Net income per share¥232.25 → ¥296.90
Fiscal Period CoveredFiscal year ended December 2024
Period CoveredFull year
Publication date of previous forecast8 August 2024
Previous-period resultsOperating revenue 375,946 Millions of yen / Operating profit 70,508 Millions of yen / Business profit 74,428 Millions of yen / Ordinary income 69,471 Millions of yen / Profit attributable to owners of the parent 45,084 Millions of yen / Net income per share ¥215.82
Reason for the revision投資有価証券売却益(特別利益)の計上額が確定したことから業績予想を修正した。配当は、業績予想の上方修正に伴い、配当性向30%以上を基本とする方針に基づき修正した。
Dividend forecast revision期末配当を前回予想の1株当たり43円から53円へ10円増額し、年間配当予想を80円から90円へ10円増額。
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

みずほ証券株式会社に付与したヒューリック株の追加取得権が行使され、投資有価証券売却益(特別利益)の計上額が確定したため、業績予想を修正した。配当については、業績予想の上方修正に伴い、配当性向30%以上を基本とする方針に基づいて増額した。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning Finalization of Gains on Sales of Investment Securities (Extraordinary Income), Revision of Full-Year Earnings Forecast and Revision of Dividend Forecast | Tokyo Tatemono Co.,Ltd. (8804) timely disclosure | Komori