Nippon Accommodations Fund, 2% Increase in Ordinary Profit for The Current Fiscal Year

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Thu Oct 17, 2024 3:30 pm JST Earnings

3226 Nippon Accommodations Fund

Earnings Report

Nippon Accommodations Fund <3226> [TSE-REIT] announced its financial results after the market closed on October 17th (15:30). ordinary profit for the fiscal year ending August 2024 decreased by 3.4% from the previous period to 5.57 billion yen. For the fiscal year ending February 2025, the profit is expected to grow by 2.4% to 5.7 billion yen.

At the same time, the company increased the distribution for the previous term from 10860 yen to 11064 yen (compared to 11459 yen in the prior term), and plans to set the distribution for the current term at 11330 yen.

Kabutan News

Actual Results

Historical Performance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2023	13,049	6,256	5,893	5,892	11,703	10,645	Oct 19, 2023	J-GAAP
Feb, 2024	12,586	6,170	5,770	5,769	11,459	11,459	Apr 17, 2024	J-GAAP
Aug, 2024	12,703	5,991	5,571	5,570	11,063	11,064	Oct 17, 2024	J-GAAP
YoY	+0.9%	-2.9%	-3.4%	-3.4%	-3.5%

Full Year Results vs. Previous Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Aug, 2024 Guidance	12,711	5,910	5,468	5,467	10,858	10,860	Apr 17, 2024	J-GAAP
Aug, 2024 Results	12,703	5,991	5,571	5,570	11,063	11,064	Oct 17, 2024	J-GAAP
Revision Rate	-0.1%	+1.4%	+1.9%	+1.9%	+1.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Feb, 2024	12,586	6,170	5,770	5,769	11,459	11,459	Apr 17, 2024	J-GAAP
Aug, 2024	12,703	5,991	5,571	5,570	11,063	11,064	Oct 17, 2024	J-GAAP
Feb, 2025 Guidance	12,722	6,143	5,705	5,704	11,329	11,330	Oct 17, 2024	J-GAAP
YoY	+0.1%	+2.5%	+2.4%	+2.4%	+2.4%

Quarterly Results