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ORIX JREIT, 8% Decrease in Ordinary Profit for The Current Fiscal Year

Mon Oct 21, 2024 5:30 pm JST Earnings

8954 ORIX JREIT

Earnings Report

ORIX JREIT <8954> [TSE-REIT] announced its financial results after the market closed on October 21st (17:30). ordinary profit for the fiscal year ending August 2024 decreased by 0.3% from the previous period to 11.5 billion yen. For the fiscal year ending February 2025, the profit is expected to decrease by 7.9% from the previous period to 10.6 billion yen.

At the same time, the company increased the distribution for the previous term from 3720 yen to 3820 yen (compared to 3902 yen in the prior term), and plans to set the distribution for the current term at 3880 yen.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2023 25,698 8,999 7,918 7,904 2,864.0 3,744 Oct 20, 2023 J-GAAP
Feb, 2024 28,804 12,626 11,553 11,539 4,181.0 3,902 Apr 19, 2024 J-GAAP
Aug, 2024 26,209 12,646 11,521 11,506 4,169.0 3,820 Oct 21, 2024 J-GAAP
YoY -9.0% +0.2% -0.3% -0.3% -0.3%

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 25,831 11,907 10,770 10,753 3,896.0 3,720 Apr 19, 2024 J-GAAP
Aug, 2024 Results 26,209 12,646 11,521 11,506 4,169.0 3,820 Oct 21, 2024 J-GAAP
Revision Rate +1.5% +6.2% +7.0% +7.0% +7.0%

Current Period Guidance

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Feb, 2024 28,804 12,626 11,553 11,539 4,181.0 3,902 Apr 19, 2024 J-GAAP
Aug, 2024 26,209 12,646 11,521 11,506 4,169.0 3,820 Oct 21, 2024 J-GAAP
Feb, 2025 Guidance 25,516 11,863 10,613 10,596 3,839.1 3,880 Oct 21, 2024 J-GAAP
YoY -2.6% -6.2% -7.9% -7.9% -7.9%

Quarterly Results

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